Daily Management Review

California authorities sue BP, Shell, Exxon, ConocoPhillips and Chevron


Tens of billions of dollars in climate damage are sought for by the oil industries.

Paul Lowry
Paul Lowry
According to The New York Times, California state officials accuse Shell, BP plc, Exxon Mobil, ConocoPhillips, and Chevron Corp. of defrauding the public by exaggerating the risks connected with fossil fuels and causing tens of billions of dollars in damages.

Officials demanded the establishment of a special fund to pay future damages from climate-related disasters in the state in a 135-page civil lawsuit filed in a San Francisco court.

The lawsuit also names the American Petroleum Institute (API) as a defendant.

The NYT refers to the lawsuit as the most important one ever brought against coal, gas, and oil industries for their contribution to climate change. 

source: nytimes.com