Exxon Says N.Y. Attorney General Distorts Company’s Climate Data

June 9, 2017, 7:17 PM UTC

Exxon Mobil Corp. accused New York Attorney General Eric Schneiderman of wildly distorting in court how the company calculates the long-term financial impact of climate change on its assets.

Schneiderman recently revealed detailed findings from the two-year probe, including “significant evidence” that Exxon may have been using two sets of numbers—one public and one secret—to calculate the impact of climate change on its oil and gas reserves. He also accused Exxon of allowing emails relevant to the probe to be deleted, including those in a secondary account for former Chief Executive Officer Rex Tillerson under his alias Wayne Tracker.

That ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.