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The lawsuit against New York against Exxon Mobil Corp. revealed a cache of emails according to state statements that the oil giant lied to investors for years.
The charge laid on Wednesday by US Attorney General Barbara Underwood is about the company's forecast based in Irving, Texas, no later than 2016. Exxon has called the allegations "unannounced". investigation revealed no fault. "
1. Lower estimate
When an Exxon official pointed out that the company was using a lower estimate of the cost of greenhouse gas emissions than publicly announced, it was rebuffed by a superior, according to the complaint. The CEO at the time, Rex Tillerson, was comfortable with the difference, he said.
Tillerson, who stepped down as President and CEO last year to become President Donald Trump's top diplomat, was cited 23 times in the lawsuit. He is not named as an accused. Requests for comments sent to his lawyer and his assistant after office hours were not immediately returned.
2. Alternative methods
When it became apparent that the cost of greenhouse gas emissions could be huge, a new methodology was adopted, according to the lawsuit.
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