Posted on 03/25/2018 6:17:31 PM PDT by ameribbean expat
The Wall Street Journal reports that ExxonMobil petitioned the court yesterday to allow it to depose and obtain documents from public officials involved in the various climate change lawsuits recently brought by several California communities against the energy industry, as well as #ExxonKnew campaigner Matt Pawa, who is representing San Francisco and Oakland in their lawsuits. The legal filing accuses the communities of either exaggerating the risks of climate change in their lawsuits against energy companies or downplaying the risks of climate change when issuing municipal bonds to investors.
Although the plaintiffs claimed in their lawsuits that climate change poses a massive and imminent risk to their communities, they told a very different story when they were persuading investors to buy their municipal bonds. ExxonMobil’s petition this morning is the first time anyone has highlighted this discrepancy:
(Excerpt) Read more at eidclimate.org ...
Hoisted on their own petard. Sweet.
Yup!!
Truth is relative, depending on who you’re telling it to.
It’s a very interesting counter-punch. I wonder how it will play out. It’s also very surprising, kind of Ayn Rand-ish, because we’re so used to big companies playing it straight and narrow within the complex confines of the law.
IOW, the taxpayers of these areas will be farked for the lawlessness of their elected ‘leaders’.
How do I doubt these bottom feeders, excuse me, lawyers, will have their license revoked\disbarred
Discovery is a bitch, ain’t it. It works both ways.
I hope they nail those Democrat bastards...everything they touch pollutes...
Another interesting inconsistency in California energy policy is that it has established what is called an Energy Imbalancing Market ** to offset the loss of solar power at sunset hours of the day by buying mainly hydropower from Warren Buffett’s system of private dams in the Western US. Hydropower is a source of methane emissions. Instead of building or importing zero emission power from nuclear power plants California relies on hydropower for its Energy Imbalancing Market.
The Left Wing wants to reduce the USA to a 3rd world country. For some reason they think they will still live a life of White exception but they won’t They will be reduced to poverty status just like everyone else
They should immediately rectify it by quitting shipments of fossil fuels to those markets.
“IOW, the taxpayers of these areas will be farked for the lawlessness of their elected ‘leaders’.”
A lot of this $hit is coming from Marin County, home to just about any creature that slithers, so let the farking begin. Because it’s also the wealthiest county in all of California. It’s where all the liberal a$$oles who work in San Francisco live. It’s where Babs Boxer still takes her morning dump!
Very interesting! Either they are lying to the court in their global warming claims, or they lied to investors about global warming risks to get lower interest bond rates. Can’t have it both ways.
Be interesting to see how their pension fund management trades based upon this revelation...
Yes!
They can’t have it both ways.
It would be necessary to stop insuring and loaning money to property owners in such areas! Good luck Libs with selling your property.
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