Climate Litigation Watch is reporting the ruling by Judge Barry Ostrager ending the case brought by NYAG Leticia James against ExxonMobil. The loss could hardly be more complete. The full text of the ruling is here. The juicy bits are excerpted in italics below with my bolds.
Supreme Court of New York, New York County, the Honorable Barry Ostrager presiding.
Decision After Trial
Nothing in this opinion is intended to absolve ExxonMobil from responsibility for contributing to climate change through the emission of greenhouse gases in the production of its fossil fuel products. ExxonMobil does not dispute either that its operations produce greenhouse gases or that greenhouse gases contribute to climate change, But ExxonMobil is in the business of producing energy, and this is a securities fraud case, not a climate change case. Applying the applicable legal standards, the Court finds that the Office of the Attorney General failed…
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