The ExxonMobil Papers | OilPrice.com

The story in Science underlines the risk issues for both the fossil fuel companies and their investors.

Nestled between a large and colorful picture of starchy endosperm and an article about signaling between parasite and host integrates, in the 13 January 2023 issue of, perhaps the world’s most prestigious academic journal, is a one-page “review summary” with three unreadably small graphs, entitled “Assessing ExxonMobil’s global warming projections.

Now to the bottom line. These investigations add another risk to investment in the fossil fuel business: a greater risk of lawsuits and regulatory action. Increased risk requires a higher return. If you can’t achieve a higher return on investment that takes into account the potential legal and regulatory issues, then don’t invest. Maybe, get the money out before the lawyers get it?

We had the same in France with Total studies kept confidential till last year

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