Climate Liability News: Exxon report on climate risks raises red flags in fraud investigation
Lamb said Exxon’s calculation was the most striking dissonance between what fossil fuel companies want the public to think will happen and what scientists expect to occur over the next several decades. “The information presented in the Managing the Risks report is really the smoking gun for current climate change risk denial and in particular that 44 percent number that we spoke about is, I think, problematic for Exxon,” said Lamb, adding that Exxon’s institutional investors are still waiting for Exxon to be fully transparent.
Read this article at Climate Liability News.