Saturday 17 November 2018
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Scmp - 4 month ago

US government drops investigation into Exxon’s climate change response

The US government has dropped a two-year investigation into how ExxonMobil Corporation factors climate-change regulations into its calculations of the value of its assets, the company said on Friday. The Securities and Exchange Commission informed the energy giant in a letter dated Thursday that it would not recommend an enforcement action against the company at this time. ExxonMobil cooperated with the inquiry, producing more than 4.2 million pages of documents, company spokesman Scott...

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