Reported about 11 hours ago
ExxonMobil is suing California over two climate disclosure laws enacted in 2023, arguing that the laws violate its free speech rights by unfairly attributing climate change blame to large corporations. Filed in the U.S. Eastern District Court, the complaint contends that the new reporting requirements impose a disproportionate burden on ExxonMobil by compelling it to disclose extensive greenhouse gas emissions and financial risks associated with climate change. The company claims these regulations would require it to make speculative disclosures about its future operations, drawing criticism from California officials who emphasize the importance of transparency.
Source: YAHOO