Thought Piece

A humble scientist is a wise scientist. A good regulator is well-informed, light-handed and market-oriented.
Let’s admit that there are many, many people in the world who haven’t accepted the fact that the planet is comprised of humans who will always face flawed politics, an uncertain future, with imperfect measurements and knowledge.
“Religions get lost as people do.” Franz Kafka

SEC Drops Probe of Exxon’s ‘Climate-Change Disclosures’

 / 2 days ago August 3, 2018

From the WSJ, fallout over the recent #ExxonKnew lawsuit being dismissed.

Regulators decided against trying to penalize the energy giant over its disclosures and how it accounted for oil and gas assets

Securities regulators have dropped an investigation into whether Exxon Mobil Corp. misled investors about the risks that climate change and greenhouse-gas regulations posed to its business.

The Securities and Exchange Commission informed Exxon that it closed the probe—and decided against trying to penalize the energy giant over its disclosures and how it accounted for oil and gas assets, according to a letter reviewed by The Wall Street Journal.

Full story here