Alva Review-Courier -

SEC drops investigation into Exxon climate change response

 

August 3, 2018



NEW YORK (AP) — The government has dropped a two-year investigation into how Exxon Mobil Corp. factors climate-change regulations into its calculations of the value of its assets, the company said Friday.

The Securities and Exchange Commission informed the energy giant in a letter dated Thursday that it would not recommend an enforcement action against the company at this time.

Exxon Mobil cooperated with the inquiry, producing more than 4.2 million pages of documents, company spokesman Scott Silvestri said.

"After a thorough investigation, including a review of these documents, the SEC i...



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