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New York Attorney General Eric Schneiderman started an investigation into ExxonMobil after a report said the oil giant lied about how the burning of fossil fuels affects climate change.

Alan Jeffers, a spokesman for ExxonMobil, confirmed subpoenas had been sent to ExxonMobil from Schneiderman's office. The company is preparing its response, Jeffers said.

"ExxonMobil has included information about the business risk of climate change for many years in our 10-K, Corporate Citizenship Report and in other reports to shareholders," Jeffers said.

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