Rex Tillerson misled Exxon Mobil investors on climate change, NY AG says [View all]

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https://www.usatoday.com/story/money/2017/06/02/exxon-mobil-rex-tillerson-eric-schneiderman-climate-change/102418492/


Rex Tillerson misled Exxon Mobil investors on climate change, NY AG says
Nathan Bomey , USA TODAY Published 9:22 a.m. ET June 2, 2017 | Updated 4 hours ago


U.S. Secretary of State Rex Tillerson told reporters Friday that "hopefully" people can keep the decision to quit the Paris Climate Accord "in perspective." (June 2) AP


New York's attorney general accused U.S. Secretary of State Rex Tillerson of misleading investors on the costs of climate change while Tillerson served as CEO of Exxon Mobil.

The accusation, made in a court filing Friday in New York, reflects the latest development in an investigation of the energy giant's role in accounting for the potential costs of climate change.

Exxon documents turned over to New York investigators during the probe show the company used "secret, internal figures" that were lower than numbers publicly disclosed to investors from 2010 to 2014, New York Attorney General Eric Schneiderman's office said in the filing.

"Exxon’s documents show that former chairman and CEO Rex Tillerson was specifically informed of, and approved of, this inconsistency," Schneiderman's office said in the document.

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https://www.usatoday.com/story/money/2017/06/02/exxon-mobil-rex-tillerson-eric-schneiderman-climate-change/102418492/