“Oil companies like Exxon knew the scientific reality of climate change forty years ago but waged a war of deception that cost us precious time in the fight to save our planet”.
Exxon Mobil and Big Oil will finally be on trial for misleading investors over the financial risks of climate change.
Two days after hundreds of thousands marched through New York demanding action to confront the climate crisis, youth activists disrupted a greenwashing event attended by several oil major CEOs.
Big Oil knows it is gambling with our future. It is deliberately doing so. Because of its actions, it is not just the people of the Bahamas that will face the consequences of our warming world. We all will.
One of Britain’s biggest fund managers has started selling shares in Exxon Mobil, “saying America’s largest oil company isn’t doing enough to address climate change.”
A document from the early nineties reveals that Mobil was worried about climate change and secondly it was already funding groups with the intention of obfuscating the debate.
Ex-Californian Governor, Arnold Schwarzenegger, has vowed to take on Big Oil “for knowingly killing people all over the world.”
In a classic counter-punch move designed to scare off those trying to hold Big Oil accountable for its actions, Exxon has started suing the lawyers who are themselves suing the company over the #Exxonknew scandal – for misleading the public and investors over the risk of climate change.
“It’s time for Big Oil to take responsibility for the devastation they have wrought, that’s why New York City is making the unprecedented move to both sue and divest from fossil fuel companies.”
A new report released yesterday synthesizes years of research and concludes that the major carbon producers could and should be held accountable for “climate chaos”.