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The Price of Carbon

Online Exclusives ​Art Stewart Nov 06, 2019

​Courts are scrutinizing climate-change impact estimates for potential fraud.

For example, in Canada, the lawsuit claims Exxon understated carbon pricing of 14 projects in the Alberta oilsands by $30 billion, including understating one project by 94%. Exxon claims the lawsuit does not consider the multiple ways in which the company accounts for climate regulations.

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​Art Stewart

Art Stewart is an independent management consultant with more than 35 years of experience in internal audit, financial management, performance measurement, governance, and strategic policy planning.​​​