Exxon Mobil Wins a Round in Climate Litigation

Exxon Mobil Corp. has won an early round in its fight against regulators over whether the oil giant covered up what it knew about climate change.

The U.S. Virgin Islands attorney general agreed Wednesday to drop a subpoena for company records.  In exchange, Exxon asked a federal court to dismiss a counter-lawsuit that the company filed against the U.S. territory.

Officials in New York and Massachusetts also issued subpoenas.  Exxon is seeking to have the Massachusetts subpoena thrown out but has not yet challenged New York’s.

Environmentalists and regulators charge that the largest U.S. oil company hid its understanding of a link between climate change and the burning of oil and gas.  Exxon denies that it suppressed findings from its own research that dates back decades.

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