DC Attorney General’s Investigation Raises Questions of Profit Motive, Impartiality
District of Columbia Attorney General Karl Racine’s investigation of ExxonMobil over climate change has opened the door to hedge funds and other monied interests to directly profit from the #ExxonKnew campaign. Last week, Racine went public with his plans to begin a formal inquiry into the energy company’s business practices. Racine is not the first attorney general to pursue an investigation into ExxonMobil, but his office’s decision to hire outside counsel on a contingency fee basis is unique among the AG investigations and represents a concerning new development.
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