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WASHINGTON — The chairman of a House committee sent a letter Thursday to the Securities and Exchange Commission (SEC) requesting information related to its probe of Exxon Mobil. The letter argues that the Exxon investigation could be a political witch-hunt against the oil company.
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The U.S. Securities and Exchange Commission (SEC) opened a probe into ExxonMobil's decision not to mark down valued assets as oil prices continue to fall, The Wall Street Journal reported Tuesday.
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A top House Republican issued subpoenas Wednesday to the attorneys general and environmental groups conservatives argue are depriving companies and other organization of free speech rights.
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Environmental activists in Massachusetts are moving ahead on fossil fuel divestment, even as a growing number of high-profile environmentalists continue to warn against full-scale divestment.
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A prominent conservative group is targeting Vermont's governor and environmental activist Bill McKibben over a yearlong campaign to force the state's public pension to divest from coal assets.
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An expert in financial and securities law says he's "skeptical" New York Attorney General Eric Schneiderman can build a strong case against Exxon Mobil for fraud and deception.
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A Dartmouth College presidential committee report suggests divesting fossil fuels would be relatively easy since only a sliver of the school's overall endowment is sunk in oil.