The US state of Massachusetts on Thursday filed a lawsuit accusing oil giant ExxonMobil of misleading investors on the impacts of climate change, following similar litigation in New York.
“Exxon has known for decades about the catastrophic climate impacts of burning fossil fuels — its chief product,” Massachusetts Attorney General Maura Healey said in a statement detailing the lawsuit filed in a Boston court.
“Yet, to this day, Exxon continues to deceive Massachusetts consumers and investors about the dangerous climate harms caused by its oil and gasoline products… We are suing to stop this illegal deception and penalize the company for its misconduct.”
The lawsuit accuses Exxon of making “significant factual misstatements” that would have “been material to decisions by Massachusetts investors to purchase, sell, retain, and price ExxonMobil securities and by Massachusetts consumers to purchase ExxonMobil oil and gasoline products,” the statement read.
As early as 1982, Exxon had predicted the precise amounts of carbon dioxide in the atmosphere by 2019, and the “catastrophic” effect these emissions, largely caused by fossil fuels, would have on the climate, the statement said.
Rather than sharing this research, the statement said, “Exxon engaged in a decades-long campaign to deceive consumers and investors about the climate-related impacts of its products that continues to this day.”
Environmental organizations have for years accused Exxon of hiding what it knew about the effects of its activities on the climate, and Massachusetts’s lawsuit affirms the determination of several states governed by Democrats to take the oil giant to court over the allegation.
Exxon called the allegations “meritless.”
“The Massachusetts attorney general’s office has filed a baseless complaint three years after announcing its politically motivated investigation, during which they have not interviewed a single ExxonMobil employee or gathered one piece of evidence from the company,” a spokesman said in a statement to AFP.
A similar lawsuit filed by New York’s attorney general in October 2018 went to trial earlier this week.
Trump declares himself the ‘greatest of all presidents’ in manic tweetstorm attacking Pelosi and Democrats
Donald Trump broke out of his Twitter hibernation on Saturday afternoon just before flying off to Florida for a pair of fundraisers, and used the opportunity to declare himself the "greatest of all presidents."
Attacking House Speaker Nancy Pelosi (D-CA) for not passing his signature trade bill, Trump then went after Democrats for trying to impeach him -- saying they were making a big mistake.
On Twitter, the president wrote: ""Hard to believe, but if Nancy Pelosi had put our great Trade Deal with Mexico and Canada, USMCA, up for a vote long ago, our economy would be even better. If she doesn’t move quickly, it will collapse!"
Donald Trump sounds like a complete lunatic because he’s isolated himself in a far-right media bubble
Welcome to another edition of What Fresh Hell?, Raw Story’s roundup of news items that might have become controversies under another regime, but got buried – or were at least under-appreciated – due to the daily firehose of political pratfalls, unhinged tweet storms and other sundry embarrassments coming out of the current White House.
If you have an older relative who spends way too much time stewing in the conservative media, you may have experienced a moment when you not only disagreed with him, but you realized that you had no earthly clue what he was going on about. Perhaps it was when he started talking about the UN plot to eliminate golf courses and replace paved roads with bicycle paths. Maybe he stopped you in your tracks with a discourse on why flies were attracted to Barack Obama, or complained about the government insisting on referring to Christians as "Easter-worshippers" or expressed outrage over 9/11 hijackers being given leniency by Muslim jurists.
Trump’s claim impeachment ‘nullifies’ 2016 election blown up in new House Judiciary Committee report
On Saturday, the House Judiciary Committee released their report outlining the offenses committed by President Donald Trump, and the legal framework for impeachment — which clears the way for Congress to write and approve articles of impeachment against him.
One of the key issues examined by the report is the claim, repeatedly made by the president and his supporters, that impeachment would "nullify" the 2016 presidential election and the popular will — which is already a weak claim given that Trump never won the popular vote, and that impeaching Trump would still install Mike Pence as president. But the report more broadly rejects the entire claim that an election result immunizes a president from punishment for official misconduct.