Peabody Energy, one of the largest global coal producers, will submit revised investor disclosures after the New York attorney-general’s office found it misled the public and investors about the financial risks associated with climate change.  The Peabody settlement announced Monday is the first to emerge from the state attorney-general’s probe of oil and energy companies, and reflects a rare move forcing companies to make certain disclosures about climate change.  ExxonMobil is also being investigated about whether it misled shareholders and the public about climate change risks and how it could affect the company. The company received a subpoena last week requesting emails, financial records and other documents.  The Peabody case is seen as distinct from Exxon, which is also being investigated for consumer fraud, said people familiar with the probes. In comparison with Peabody, Exxon is suspected of making a broader number of claims and potentially misleading statements to consumers stretching from the 1970s to this year, which could carry large penalties, the people said.

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