ExxonMobil continues legal fight with Massachusetts attorney general
DOI: 10.1063/PT.5.0210015
InsideClimate News : ExxonMobil and Massachusetts attorney general Maura Healey have been waging a legal battle over the company’s alleged failure to disclose to investors and consumers that its chief product, fossil fuels, is likely contributing to climate change. Because of the recent Paris climate agreement limiting carbon dioxide emissions, she says, the company’s vast fossil fuel reserves could “be stranded, placing shareholder value at risk.” To protect her state’s shareholders, Healey filed suit against the company, citing the Massachusetts’Consumer Protection Act. Exxon responded by filing a countersuit in Texas federal court. Healey’s efforts so far have the support of the attorneys general of at least 14 other states.
