Home Futures & Commodities California AG anticipates concluding Exxon plastics investigation in a few weeks.

California AG anticipates concluding Exxon plastics investigation in a few weeks.

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California AG anticipates concluding Exxon plastics investigation in a few weeks.

California to Conclude Exxon Investigation on Plastic Pollution

Exxon Under Scrutiny

California is set to wrap up a two-year probe into Exxon and the fossil fuel industry’s impact on global plastic pollution by this summer. The state attorney general revealed plans to determine if legal action will be taken against the oil giant.

Probe Details

The investigation, initiated in April 2022, targeted the oil and petrochemical sector’s contribution to escalating the global plastic waste crisis. Exxon was subpoenaed for relevant documentation in this regard.

Similarities to Climate Change Investigation

This inquiry mirrored previous actions on climate change, uncovering what the industry knew about the issue over decades and its misrepresentation to the public.

Attorney General’s Statement

Attorney General Rob Bonta affirmed that a decision based on thorough investigations is imminent in the upcoming weeks. He emphasized Exxon’s alleged deception regarding plastic recyclability, citing documented evidence of falsehoods.

Exxon’s Response

Exxon chose not to comment on the ongoing investigation. In 2022, the firm dismissed California’s claims as baseless and shifted focus towards waste management solutions.

Global Perspective

Bonta intended to participate in global talks on plastic pollution but had to cancel due to scheduling conflicts. He expressed regret at missing the opportunity to make an announcement in Ottawa.

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