The New York Times (2017-08-22) had a long article on how Exxon scientists had predicted climate change but advertised that the science was unsettled. See "What Exxon Mobil Didn't Say", https://www.nytimes.com/2017/08/22/opinion/exxon-climate-change-.html.
Many employees and other shareholders are suing Exxon-Mobil for hiding the potential loss of assets as less fossil fuels are used.
I submitted the following quote from Adam Smith:
"The proposal of any new law or regulation of commerce which comes from
this order [those who live by profit], ought always to be listened to
with great precaution, and ought never to be adopted till after having
been long and carefully examined, not only with the most scrupulous, but
with the most suspicious attention. It comes from an order of men,
whose interest is never exactly the same with that of the public, who
have generally an interest to deceive and even to oppress the public,
and who accordingly have, upon many occasions, both deceived and
oppressed it."
- Adam Smith, Wealth of Nations, 1776
I was surprised that it was approved almost immediately after I posted it. Often my postings of this quote are ignored. See http://www.nytimes.com/2017/08/22/opinion/exxon-climate-change-.html?comments#permid=23840021.
