Texan, and former Secretary of State Rex Tillersontestified Wednesday in a Manhattan courtroom, where New York prosecutors are seeking to prove that Exxon Mobil lied to investors about the costs the company faced because of climate change. Tillerson is Exxon Mobil's former CEO.
Harris County and the Texas Commission on Environmental Quality are suing Exxon Mobil for allegedly violating the Texas Clean Air Act and Texas Water Code, during a fire that broke out at the company’s oil refinery in Baytown on Wednesday.
Texas-based oil giant Exxon Mobil got some good press this week when it announced it was donating $1 million to a campaign to enact a carbon tax in the U.S. But many worry the tax proposal would not slow emissions quickly enough and could harm the environment through its legislative giveaways to the oil and gas industry.