decision

Trial Court Ruled for Exxon in New York’s Climate Change Securities Fraud Case

Action alleging fraudulent scheme by Exxon Mobil Corporation to deceive investors about the company's management of risks posed by climate change regulation.

People of the State of New York v. Exxon Mobil Corporation

Litigation

Sabin

Sabin Litigation

New York Court Denied Nonprofit’s Motion to Intervene in Exxon Suit for Purposes of Unsealing Documents

affirmation

People of the State of New York v. Exxon Mobil Corp. - affirmation

response

People of the State of New York v. Exxon Mobil Corp. - response

reply

People of the State of New York v. Exxon Mobil Corp. - reply

request

People of the State of New York v. Exxon Mobil Corp. - request

opposition

People of the State of New York v. Exxon Mobil Corp. - opposition

amicus brief

People of the State of New York v. Exxon Mobil Corp. - amicus brief

brief

People of the State of New York v. Exxon Mobil Corp. - brief

notice

People of the State of New York v. Exxon Mobil Corp. - notice

memorandum

People of the State of New York v. Exxon Mobil Corp. - memorandum

motion

People of the State of New York v. Exxon Mobil Corp. - motion

motion to intervene

People of the State of New York v. Exxon Mobil Corp. - motion to intervene

Nonprofit Group and Its Board Member Sought to Unseal Records in Attorney General’s Suit Against Exxon

order

People of the State of New York v. Exxon Mobil Corp. - order

order to show cause

People of the State of New York v. Exxon Mobil Corp. - order to show cause

Exxon Asked New York Trial Court to Reject Attorney General’s Withdrawal of Fraud Claims

People of the State of New York v. Exxon Mobil Corp. - Other

letter

People of the State of New York v. Exxon Mobil Corp. - letter

memorandum of law

People of the State of New York v. Exxon Mobil Corp. - memorandum of law

statement

People of the State of New York v. Exxon Mobil Corp. - statement

transcript

People of the State of New York v. Exxon Mobil Corp. - transcript

answer

People of the State of New York v. Exxon Mobil Corp. - answer

State Court Dismissed Exxon’s Defenses Accusing Attorney General’s Office of Misconduct in Climate Change Fraud Action

New York Trial Court to Hear Oral Arguments on Discovery Disputes, Affirmative Defenses in Attorney General’s Fraud Action Against Exxon

motion to dismiss

People of the State of New York v. Exxon Mobil Corp. - motion to dismiss

New York Court Allowed Attorney General to Move to Dismiss Exxon’s Prosecutorial Misconduct Defenses in Climate Fraud Case, Said Discovery on Defenses Could Continue in Meantime

Trial Set for October 2019

New York Judge Denied Motion for Disqualification in State’s Exxon Fraud Case but Said He Would Sell All Exxon Stock

complaint

People of the State of New York v. Exxon Mobil Corp.

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

A long-lived, colourless gas, chiefly emitted from fossil fuel combustion, deforestation and cement production.

Any compulsory, unrequited payment to the government levied on corporations or individuals. This can be for environmental reasons, such as introducing a Carbon tax to set a price that emitters must pay for the greenhouse gases they emit.

A subsidy is a direct or indirect payment to individuals or businesses, typically provided as a government cash payment or a specific tax reduction.

Tradable permits are market-based tools that grant permission for specific activities, frequently used to regulate emissions. These permits can be issued within a trading system to manage environmental impacts.

Coal is a combustible sedimentary rock formed from carbonised plant matter, rich in carbon and hydrocarbons, and occurring in several main types including hard coal and brown coal.

Either money or something of monetary value is transferred between two or more organisations, people or countries.

This sector includes firms and individuals offering specialised expertise in fields such as law, accounting, consulting, science and engineering.

A tax advantage is an economic benefit applied to certain accounts or investments that are, by law, tax-reduced, tax-deferred, or tax-free. This can apply to investments in areas such as green energy projects or the agricultural sector, where tax advantages can help manage financial risks.

Activities of businesses and institutions that provide financial services and products to individuals and organisations.

The activities of industries involved in the production, distribution, and sale of energy, including electricity, gas, and renewables.

Air pollution involves harmful contaminants in the air, affecting both indoor and outdoor environments. It can lead to health issues like respiratory diseases and heart problems, and climate impacts such as global warming. Pollutants can damage plants, trees, habitats, and water bodies like rivers and lakes.

Oil is a combustible liquid fossil fuel composed mainly of hydrocarbons, occurring as crude oil and refined into petroleum products such as petrol, diesel and kerosene.

Codes and standards are regulatory instruments that specify minimum standards to protect health and safety. This ranges from performance standards, which prescribe outcomes while allowing flexibility to achieve compliance, to the more prescriptive approach of technology-specific standards.

The release of heat-trapping gases, primarily from human activities such as burning fossil fuels, agriculture and industry.

Activities of government agencies and institutions that provide public services, enforce laws and manage public resources.

This sector involves activities to move goods and people, alongside the storage of products.

Fossil gas, commonly known as natural gas, is a fossil fuel consisting chiefly of methane with smaller amounts of other hydrocarbons and trace gases, found in underground deposits.