Thursday, July 14, 2016
Exxon Enlists Congress In War On Climate Change
Lamar Smith is the head of the House Science, Space and Technology Committee. He is also from Texas which is owned by Exxon and the energy industry. He has issued more subpoenas during his tenure as Chair than have been issued in the last 54 years. Many of them have been designed to discourage scientists from informing the public about climate change. He has taken his war to a new level by issuing subpoenas to State Attorney Generals in New York and Massachusetts. The Attorney Generals have been investigating Exxon for violating securities law in their jurisdictions. They are attempting to determine whether Exxon has failed to properly inform investors about their exposure to financial risk from climate change. Exxon has also been accused of failing to release data collected by their own scientists about the risk from climate change.