Supporters of the New York Attorney General's case against ExxonMobil gathered outside the New York County Supreme Court on Oct. 22. (Photo: Lindsay Meiman/Twitter)
Dec 09, 2019
Climate campaigners bemoaned a judge's ruling in New York on Tuesday which sided with ExxonMobil in a lawsuit that charged the oil giant defrauded investors by concealing for decades what it understood about how carbon pollution was contributing to global warming.
The lawsuit, stated Judge Barry Ostrager of the trial-level state Supreme Court in his ruling, "failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or omissions about its practices and procedures that misled any reasonable investor."
The judge further noted that New York State Attorney General Letitia James, in presenting the state's case, "produced no testimony from any investor who claimed to have been misled by any disclosure, even though the Office of the Attorney General had previously represented it would call such individuals as trial witnesses."
The lawsuit, People of New York v. ExxonMobil, attracted national and international media attention for being the most high-profile effort yet to hold the fossil fuel industry to account for misleading the global public about what--and crucially when--it knew about the destructive results of digging up and burning billions and billions of tons of coal, oil, and gas.
\u201cJudge Barry Ostrager just ruled in favor of ExxonMobil in the People of NY vs ExxonMobil shareholder fraud lawsuit.\n\nThis isn't the end. The fossil fuel industry must be held liable for the climate crisis. We will keep fighting to #MakeThemPay #ExxonKnew\nhttps://t.co/ug90eY5p2k\u201d— 350 dot org (@350 dot org) 1575998604
In response to the court's decision, Dominique Thomas, a New York organizer with 350.org, said that while the ruling was a disappointment it would do nothing to dampen the demands for Exxon to be held accountable for its behavior.
"Despite this ruling, the crucial work to hold the likes of Exxon accountable for climate crimes goes on. This is just the tip of the accountability iceberg," said Thomas. "We thank Attorney General Tish James for her diligence in fighting to protect New Yorkers from rogue and reckless polluters."
\u201cJudge might've ruled in favor of rogue Exxon this time around, but the demand to make polluters pay will only get louder from here.\n\nThis is only the tip of the accountability iceberg. #ExxonKnew #MakeThemPay \n\n@350 statement \u2b07\ufe0f\nhttps://t.co/CdPI2aHXkl\u201d— Lindsay Meiman (she/her) (@Lindsay Meiman (she/her)) 1575996116
Thomas' colleague at 350.org, North America director Tamara Toles O'Laughlin, said that even with the ruling in New York there are numerous other lawsuits now in process also seeking to hold the oil giant accountable for its climate crimes. In a statement, O'Laughlin said:
Dozens of municipalities have announced lawsuits against major oil companies for climate damages, including Honolulu and Maui County in Hawaii; New York City; Baltimore, MD; Boulder County, CO; municipalities across California; the state of Rhode Island. During the course of the New York trial, Massachusetts Attorney General Maura Healey announced the state's lawsuit against Exxon for investor and consumer fraud. Just this week, an announcement from the Philippines' Commission on Human Rights opened the door for the world's biggest fossil fuel companies, including ExxonMobil, to be held responsible for violating human rights.
The number of climate lawsuits will only continue to grow as momentum builds to hold Big Polluters accountable for the damages they continue to cause for communities across the U.S. and around the world.
In response to Tuesday's defeat in court, the Attorney General James said that despite the ruling her office "will continue to fight to ensure companies are held responsible for actions that undermine and jeopardize the financial health and safety of Americans across our country, and we will continue to fight to end climate change."
Join Us: News for people demanding a better world
Common Dreams is powered by optimists who believe in the power of informed and engaged citizens to ignite and enact change to make the world a better place. We're hundreds of thousands strong, but every single supporter makes the difference. Your contribution supports this bold media model—free, independent, and dedicated to reporting the facts every day. Stand with us in the fight for economic equality, social justice, human rights, and a more sustainable future. As a people-powered nonprofit news outlet, we cover the issues the corporate media never will. Join with us today! |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Climate campaigners bemoaned a judge's ruling in New York on Tuesday which sided with ExxonMobil in a lawsuit that charged the oil giant defrauded investors by concealing for decades what it understood about how carbon pollution was contributing to global warming.
The lawsuit, stated Judge Barry Ostrager of the trial-level state Supreme Court in his ruling, "failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or omissions about its practices and procedures that misled any reasonable investor."
The judge further noted that New York State Attorney General Letitia James, in presenting the state's case, "produced no testimony from any investor who claimed to have been misled by any disclosure, even though the Office of the Attorney General had previously represented it would call such individuals as trial witnesses."
The lawsuit, People of New York v. ExxonMobil, attracted national and international media attention for being the most high-profile effort yet to hold the fossil fuel industry to account for misleading the global public about what--and crucially when--it knew about the destructive results of digging up and burning billions and billions of tons of coal, oil, and gas.
\u201cJudge Barry Ostrager just ruled in favor of ExxonMobil in the People of NY vs ExxonMobil shareholder fraud lawsuit.\n\nThis isn't the end. The fossil fuel industry must be held liable for the climate crisis. We will keep fighting to #MakeThemPay #ExxonKnew\nhttps://t.co/ug90eY5p2k\u201d— 350 dot org (@350 dot org) 1575998604
In response to the court's decision, Dominique Thomas, a New York organizer with 350.org, said that while the ruling was a disappointment it would do nothing to dampen the demands for Exxon to be held accountable for its behavior.
"Despite this ruling, the crucial work to hold the likes of Exxon accountable for climate crimes goes on. This is just the tip of the accountability iceberg," said Thomas. "We thank Attorney General Tish James for her diligence in fighting to protect New Yorkers from rogue and reckless polluters."
\u201cJudge might've ruled in favor of rogue Exxon this time around, but the demand to make polluters pay will only get louder from here.\n\nThis is only the tip of the accountability iceberg. #ExxonKnew #MakeThemPay \n\n@350 statement \u2b07\ufe0f\nhttps://t.co/CdPI2aHXkl\u201d— Lindsay Meiman (she/her) (@Lindsay Meiman (she/her)) 1575996116
Thomas' colleague at 350.org, North America director Tamara Toles O'Laughlin, said that even with the ruling in New York there are numerous other lawsuits now in process also seeking to hold the oil giant accountable for its climate crimes. In a statement, O'Laughlin said:
Dozens of municipalities have announced lawsuits against major oil companies for climate damages, including Honolulu and Maui County in Hawaii; New York City; Baltimore, MD; Boulder County, CO; municipalities across California; the state of Rhode Island. During the course of the New York trial, Massachusetts Attorney General Maura Healey announced the state's lawsuit against Exxon for investor and consumer fraud. Just this week, an announcement from the Philippines' Commission on Human Rights opened the door for the world's biggest fossil fuel companies, including ExxonMobil, to be held responsible for violating human rights.
The number of climate lawsuits will only continue to grow as momentum builds to hold Big Polluters accountable for the damages they continue to cause for communities across the U.S. and around the world.
In response to Tuesday's defeat in court, the Attorney General James said that despite the ruling her office "will continue to fight to ensure companies are held responsible for actions that undermine and jeopardize the financial health and safety of Americans across our country, and we will continue to fight to end climate change."
Climate campaigners bemoaned a judge's ruling in New York on Tuesday which sided with ExxonMobil in a lawsuit that charged the oil giant defrauded investors by concealing for decades what it understood about how carbon pollution was contributing to global warming.
The lawsuit, stated Judge Barry Ostrager of the trial-level state Supreme Court in his ruling, "failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or omissions about its practices and procedures that misled any reasonable investor."
The judge further noted that New York State Attorney General Letitia James, in presenting the state's case, "produced no testimony from any investor who claimed to have been misled by any disclosure, even though the Office of the Attorney General had previously represented it would call such individuals as trial witnesses."
The lawsuit, People of New York v. ExxonMobil, attracted national and international media attention for being the most high-profile effort yet to hold the fossil fuel industry to account for misleading the global public about what--and crucially when--it knew about the destructive results of digging up and burning billions and billions of tons of coal, oil, and gas.
\u201cJudge Barry Ostrager just ruled in favor of ExxonMobil in the People of NY vs ExxonMobil shareholder fraud lawsuit.\n\nThis isn't the end. The fossil fuel industry must be held liable for the climate crisis. We will keep fighting to #MakeThemPay #ExxonKnew\nhttps://t.co/ug90eY5p2k\u201d— 350 dot org (@350 dot org) 1575998604
In response to the court's decision, Dominique Thomas, a New York organizer with 350.org, said that while the ruling was a disappointment it would do nothing to dampen the demands for Exxon to be held accountable for its behavior.
"Despite this ruling, the crucial work to hold the likes of Exxon accountable for climate crimes goes on. This is just the tip of the accountability iceberg," said Thomas. "We thank Attorney General Tish James for her diligence in fighting to protect New Yorkers from rogue and reckless polluters."
\u201cJudge might've ruled in favor of rogue Exxon this time around, but the demand to make polluters pay will only get louder from here.\n\nThis is only the tip of the accountability iceberg. #ExxonKnew #MakeThemPay \n\n@350 statement \u2b07\ufe0f\nhttps://t.co/CdPI2aHXkl\u201d— Lindsay Meiman (she/her) (@Lindsay Meiman (she/her)) 1575996116
Thomas' colleague at 350.org, North America director Tamara Toles O'Laughlin, said that even with the ruling in New York there are numerous other lawsuits now in process also seeking to hold the oil giant accountable for its climate crimes. In a statement, O'Laughlin said:
Dozens of municipalities have announced lawsuits against major oil companies for climate damages, including Honolulu and Maui County in Hawaii; New York City; Baltimore, MD; Boulder County, CO; municipalities across California; the state of Rhode Island. During the course of the New York trial, Massachusetts Attorney General Maura Healey announced the state's lawsuit against Exxon for investor and consumer fraud. Just this week, an announcement from the Philippines' Commission on Human Rights opened the door for the world's biggest fossil fuel companies, including ExxonMobil, to be held responsible for violating human rights.
The number of climate lawsuits will only continue to grow as momentum builds to hold Big Polluters accountable for the damages they continue to cause for communities across the U.S. and around the world.
In response to Tuesday's defeat in court, the Attorney General James said that despite the ruling her office "will continue to fight to ensure companies are held responsible for actions that undermine and jeopardize the financial health and safety of Americans across our country, and we will continue to fight to end climate change."
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.