FORMER ExxonMobil chief Rex Tillerson, who resigned as US Secretary of State early last year, took the witness stand in New York in a US$1.6 billion case brought by the attorney general Letitia James against the supermajor, suggesting it has misled investors on climate risks to the company’s share price.
Tillerson, who ran the company from, 2006-2017, maintained ExxonMobil had always known the risks of climate change and been in favour of a carbon price over an emissions trading scheme....
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