Exxon must turn over climate change documents, Mass. court rules

Exxon must turn over climate change documents, Mass. court rules

The state’s highest court ruled that Massachusetts may probe whether oil and gas giant Exxon Mobil misled investors and the public about the risks of climate change. Even if they did mislead the public, the consequences, if any, will be nothing to a company this size. Source: Exxon must turn over climate … Continue reading Exxon must turn over climate change documents, Mass. court rules

Forget the Paris agreement. The real solution to climate change is in the U.S. tax code.

Forget the Paris agreement. The real solution to climate change is in the U.S. tax code.

Already, the U.S. oil industry benefits from a dozen specialized subsidies adding up to about $4.6 billion per year, according to a 2015 review by the Obama administration. Among other things, the subsidies reduce the costs of labor and equipment involved in drilling — and shield some of the profits earned on … Continue reading Forget the Paris agreement. The real solution to climate change is in the U.S. tax code.