Feds Reportedly Investigating Exxon On Climate Change
|09/21/2016||Posted by BusinessMediaguide.Com under General World News||
The U.S. Securities and Exchange Commission has reportedly joined the growing list of agencies and offices probing ExxonMobil on climate change.
The federal agency has launched an investigation into how the oil and gas company values its future projects in the face of global climate change and plunging oil prices, The Wall Street Journal reported, citing unnamed sources.
The SEC, the Journal reports, is looking into Exxon’s practice of not writing down the value of its assets ― something other major U.S. energy companies have done in response to falling oil prices ― and how the company “calculates read more >>>