New York Suing Big Oil
New York City is suing big oil over climate change. Cenk Uygur, the host of The Young Turks, explains. Tell us what you think in the comment section below.
Read more here: https://www.washingtonpost.com/news/energy-environment/wp/2018/01/10/new-york-city-sues-shell-exxonmobil-and-other-oil-majors-over-climate-change/?utm_term=.ab7f5584afb5
“The New York City government is suing the world’s five largest publicly traded oil companies, seeking to hold them responsible for present and future damage to the city from climate change.
The suit, filed Tuesday against BP, Chevron, Conoco-Phillips, ExxonMobil and Royal Dutch Shell, claims the companies together produced 11 percent of all of global-warming gases through the oil and gas products they have sold over the years. It also charges that the companies and the industry they are part of have known for some time about the consequences but sought to obscure them.
“In this litigation, the City seeks to shift the costs of protecting the City from climate change impacts back onto the companies that have done nearly all they could to create this existential threat,” reads the lawsuit, brought by New York corporation counsel Zachary Carter and filed in U.S. District Court for the Southern District of New York.”
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