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OILSANDS

Alberta oilsands centre of court battle in New York

Oct 23, 2019 | 4:45 PM

Alberta’s oilsands are at the centre of a closely watched court battle in New York today.

The state’s attorney general is accusing Exxon Mobil of misrepresenting the risks the operations face as governments move to fight climate change.

Court documents say Exxon lowballed by $30 billion the impact of carbon pricing on 14 Alberta oilsands projects.

Exxon is a major player in the oilsands through its subsidiary Imperial Oil.