Rex Tillerson Testifies, Denying Exxon Misled Investors About Climate Risk

https://insideclimatenews.org/news/30102019/exxon-climate-fraud-trial-rex-tillerson-testifies-denies-misleading-investors

The former Exxon CEO, once Trump’s secretary of state, defended practices he implemented while running the oil company. He testified at Exxon’s investor fraud trial.

Former ExxonMobil chief executive Rex Tillerson took the witness stand Wednesday in the company’s climate fraud trial and gave the clearest defense yet for his former employer.

Tillerson denied that the oil giant misled investors about the risks it faced from future climate change regulations and described a detailed system he had implemented for managing those risks. But he also repeatedly said he was unable to recall key details and events that are central to the case, omissions that lawyers for New York’s attorney general’s office returned to again and again.

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Original Title: Rex Tillerson Testifies, Denying Exxon Misled Investors About Climate Risk
Full Text of the Original Article: https://insideclimatenews.org/news/30102019/exxon-climate-fraud-trial-rex-tillerson-testifies-denies-misleading-investors