California sues oil giants for downplaying risks posed by fossil fuels

Must read

Stock market live news updates: Tech stocks soar after Fed’s latest rate hike

Tech stocks rallied Wednesday following the Federal Reserve's latest interest rate increase after Fed Chair Jerome Powell suggested signs of "disinflation" are building in...

The 7 Highest-Rated Matching Athleisure Sets On Amazon

If you're ready for a long run or cycling session this weekend but nothing in your activewear collection is calling your name, consider a...

THE OCEAN Announces 2024 North American Tour

The Ocean is coming back to North America next February and...

(Reuters) – The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the risks posed by fossil fuels, the New York Times reported on Friday.

The lawsuit, which also targets BP and ConocoPhillips, alleges the energy giants’ actions have caused tens of billions of dollars in damage and accuses them of deceiving the public, the report said, citing a filing in a superior court in San Francisco.

The American Petroleum Institute, an industry trade group, has also been listed as a defendant in the case, the report said, adding that California has sought the creation of an abatement fund to pay for future damages caused by climate related disasters in the state.

The legal action follows dozens of lawsuits filed in recent years against the fossil fuel industry by states and municipalities across the United States broadly alleging harms from climate impacts including extreme weather.

The American Petroleum Institute and oil companies have said in response to those lawsuits that policies to address climate change should come from the federal executive branch and Congress, not via a patchwork of decisions in court cases across the U.S.

California’s secretary of state, Chevron, BP, Shell, ConocoPhillips and the American Petroleum Institute didn’t immediately respond to Reuters requests for comment. Exxon Mobil could not immediately be reached.

(Reporting by Kanjyik Ghosh in Bangalore; additional reporting by Lavanya Ahire; editing by Mark Potter)

More articles

Latest article

Trump Asks Court To Delay His 1/6 Trial Until 2026

Trump’s lawyers have responded...

SUFFOCATION Nods Toward An Older Track On New Single “Perpetual Deception”

Suffocation is now streaming their new single "Perpetual Deception" whose lyrics...

ORBIT CULTURE Streams “From The Inside”, Announces New Album

Swedish masters of melodic groove metal Orbit Culture is back with...

Dow Jones Up As Oracle Pops On Upgrade; Elon Musk Mocks Short Call, Tesla Stock Gains

The Dow Jones Industrial Average gained as Microsoft (MSFT) rose amid a merger report. Tesla (TSLA) popped after CEO Elon Musk mocked a...