Tuesday, December 01, 2015

John Kerry: Exxon could lose 'billions' in climate change lawsuit

If it’s proven that Exxon Mobil Corp. misled investors and the public on the science of climate change, Secretary of State John Kerry said he would be “outraged, furious” and predicted the company could be hit with a record lawsuit.

“I think that Exxon Mobil stands potentially to lose billions of dollars in what I would imagine would be one of the largest class-action lawsuits in history,” Kerry told Rolling Stone in a wide-ranging interview on foreign policy and climate change.

Asked if he would support such a lawsuit, Kerry said, “I would support the investigation into what happened, and, based on the facts, I'd pursue the facts. You pursue the truth in this kind of a situation.”

Reports by InsideClimate News and a team of Columbia University journalists in the Los Angeles Times have accused the oil giant of quietly studying the negative impacts of carbon dioxide on the atmosphere while publicly questioning the science of climate change .... http://thehill.com