Climanomics of The January 2019 Supreme Court Ruling on Exxon Mobil
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On January 7, 2019, the U.S. Supreme Court cleared the way for the Attorney General of Massachsetts to obtain documents from Exxon Mobil to determine whether the oil and gas giant had knowingly concealed its knowledge regarding the causal relationship between the burning of fossil fuels and global climate change. The lawsuit alleges that Exxon Mobil misled consumers and investors. How might this decision -- and a movement toward disclosure of climate risks by industry leaders such as Exxon Mobil have a broader impact on our economy? The Climate Services' CEO, James McMahon explains.
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