Environmental organizations are calling foul on a carbon tax and dividend plan announced today that was supported by ExxonMobil, BP, Shell and other influential businesses, individuals and organizations.
The Climate Leadership Council, developed by former cabinet members James Baker and George Shultz, have crafted a plan designed to fight climate change by taxing carbon emissions and then redirecting that levy to taxpayers.
ExxonMobil asked a New York court Friday to reject Attorney General Eric Schneiderman's latest subpoena request in an attempt to push back against allegations it misled investors on climate risk. In the filing, the company called Schneiderman's latest allegations "inflammatory, reckless and false" and his 1.5-year investigation of Exxon's business practices a "political witch hunt."
By Dave Anderson
Christopher Wray, President Trump's nominee for FBI director, advised corporate clients on how to avoid "being in the crosshairs" of law enforcement at a 2015 legal forum where investigations by state attorneys general into whether ExxonMobil misled investors and the public about climate change were a topline issue.
By Jamie Henn
New documents from the New York State Attorney General show that while now Sec. of State Rex Tillerson was CEO of ExxonMobil, the company actively misled shareholders about climate risk and deleted "untold numbers" of documents related to climate change, including many of Tillerson's own personal emails he sent under his "Wayne Tracker" alias.
Gone are the fevered dreams that Ivanka's moderating influence or Elon's persuasive position as an economic advisor will amount to anything beyond optics for Trump on the Paris agreement. Replacing it is the knowledge that our commander-in-chief will gladly shoot us in the collective foot if it means appeasing Presidents Bannon and Putin.
By Jamie Henn
Shareholders of ExxonMobil voted by a 62.3 percent shareholder majority Wednesday instructing the oil giant to report on their impacts on climate change. The result of this vote is a sign that activist pressure on the company is working, said 350.org, a leading international climate campaign.