Many of the oil services companies employed when new fields are developed have been laying off workers, and oil companies have been taking write-downs of their assets.
"You should resign, you should give back the money you took while this scam was going on and you should be criminally investigated by both the Department of Justice and the Securities and Exchange Commission."
Back in 1962, the fossil fuels giant was bragging about its ability to heat up the Arctic.
As bad as Exxon has been in the past, what it’s doing now—entirely legally—is helping push the planet over the edge and into the biggest crisis in the entire span of the human story.
Given the high environmental stakes, it's not surprising that green groups are applying heavy scrutiny to potential replacements for Antonin Scalia, who unexpectedly died last week.
New investigative reporting exposes that a task force headed by the American Petroleum Institute also knew about global warming since the 1970s.
On the winter solstice, a Truthdig review of the year's environmental stories finds cause for hope in our poison-riddled world.
"We’ve often wondered if Exxon actually hates our children because they so consistently stand in the way of safeguarding their future," a campaigner said. "It turns out they apparently hate good journalism as well."
The petroleum company may have violated federal law by funding a decadeslong misinformation campaign on climate change, the Vermont senator says.
A groundbreaking investigation reveals how the company’s top executives were warned of possible catastrophe from global warming in the 1970s, then led efforts to block solutions.