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New York sues Exxon Mobil over climate change

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NY sues Exxon Mobil

New York Attorney General Barbara Underwood sued Exxon Mobil on Wednesday, alleging the oil and gas giant lied to the public and investors about the risks climate change posed to the company.

The lawsuit follows an investigation by the attorneys general for New York, Massachusetts and the U.S. Virgin Islands into Exxon's own research into climate change, and whether the company failed to properly warn investors about how potential government regulations on climate change could prevent it from developing its oil and gas reserves.

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