Title

Exxon Sued in U.S. for Allegedly Lowballing Alberta Oilsands’ Carbon Costs

Document Type

Media Mention

Publication Date

10-26-2018

Source Publication

Financial Post

Description

Energy companies are likely to face more lawsuits similar to one filed this week that alleges ExxonMobil dramatically underestimated the risks carbon regulations pose to its oilsands assets, a legal scholar says.

“There are actual cases being developed in Canada,” said Cynthia Williams, a law professor at York University’s Osgoode Hall who has written about climate liability.

“I would not be surprised if you see something within the next six months.”

Comments

Article is written by Bob Weber with commentary by Professor Cynthia Williams.

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