As Climate Lawsuits Ramp Up Against Oil and Gas, So Could Energy Costs

Contact Your Elected Officials

States are not just suing oil and gas companies; they are also lodging climate-related lawsuits against food companies.

As U.S. oil, gas, and coal companies struggle under an array of regulations and permitting roadblocks, they also face new challenges from climate activists in the form of lawsuits, fines, taxes, and shareholder activism from blue-state pension funds.

Meanwhile, U.S. states increasingly are set against each other, with liberal states leading the charge against fossil fuel companies, while red states attempt to defend them.

Starting in 2018, states including New York, Rhode Island, Massachusetts, Minnesota, Delaware, Connecticut, and California, as well as the District of Columbia, began filing lawsuits against energy giants ExxonMobil, Chevron, ConocoPhillips, Sunoco, BP, and others.

Oil companies also face legal action from dozens of cities, including Honolulu; Chicago; Baltimore; New York City; Charleston, South Carolina; San Francisco; Oakland, California; and Boulder, Colorado.

Analysts say there are multiple goals driving these suits.

โ€œItโ€™s partly ideological, trying to drive these companies out of business,โ€ Kenny Stein, policy vice president at the Institute for Energy Research, told The Epoch Times. He also said he believes it has to do with consumersโ€™ use of fossil fuels.

โ€œThese governments are trying to mandate that people use less oil and less natural gas, but people want to heat their homes as much as they want, they want to drive as far as they want,โ€ Mr. Stein said. โ€œIf the state banned the sale of oil, the population would revolt, so this is their backdoor way of trying to impose their will.โ€

Many of the climate lawsuits assert that pollution caused by oil companies creates a โ€œpublic nuisanceโ€ and the companies intentionally deceived the public about the harmful effects when they caused global temperatures to rise.

The activist organization Climate Analytics tried to calculate the alleged damages.

This is simply a strategy for the left to accomplish what they’ve been unable to do in Congress through the ballot box

Steve Marshall, Alabama Attorney General

โ€œBetween 1985 and 2018, we estimate partial damages of the combined CO2 emissions from 25 companiesโ€”oil and gas carbon majorsโ€”of about $20 trillion USD,โ€ Climate Analyticsย states.

Byย Kevin Stocklin

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Epsteinโ€™s Niece Exposes the Illuminati!

There is a shocking interview by the podcaster Shaun Attwood, an English former ecstasy trafficker turned YouTube podcaster, speaker, activist, and author.

When Gynocrats Attack: Innocent Locker Room Talk Interrupted By Rabid Karen

The question posed: โ€œWho do you think has a...

Obamaโ€™s Treason is a Betrayal of American Democracy and Demands Real Accountability

Few scandals have cast a longer shadow than the 2016 Russia investigationโ€”the manufactured crisis by President Obama designed to cripple Trump's presidency.

Chronic Grievous Insufficiency

A president's physical vigor, stamina, and mental acuity are essential to his ability to fulfill the duties of office and those qualities should matter with no regard to party affiliation.

Russiagate – Obama’s Coup Against Trump?

I had little confidence in wrongs committed by D.C. official elites being rectified, but Gabbardโ€™s disclosures provides impetus for reassessment.

Oregon High School Athletes File First Amendment Lawsuit Over Podium Protest

AFPI filed lawsuit for Oregon high school athletes, alleging OSAA violated their First Amendment rights by punishing their peaceful protest of boy competing in girlsโ€™ event.

Professional Wrestling Legend, Hulk Hogan, Dies at 71

Hulk Hogan, former WWE superstar and one of the most recognizable figures in the sports entertainment industry, has died at 71 years old.

Pediatrician Group That Recommends Weight Loss Medications for Children Receives Money From Manufacturers: Study

AAP has taken in millions from companies manufacturing weight loss drugs, raising concerns about their endorsement of the drugs for children.

Declassified House Report Details โ€˜Substandardโ€™ Intelligence Methods Used in Russia Assessment

2020 declassified intelligence report found several intelligence reports suggesting Putin helped Trump leading to 2016 election were โ€œsubstandard.โ€

DOJ Forms Strike Force to Assess DNI Findings on Russia Collusion Allegations

DOJ is forming task force following the declassification of docs that shed light on origins of false claims that Trump won 2016 election with Russiaโ€™s help.

Trump Doesnโ€™t Support Government Doing Business With Muskโ€™s AI Company: White House

Trump is not interested in allowing the federal govt to do business with Elon Muskโ€™s AI company, WH press secretary Karoline Leavitt said on July 23.

Trumpโ€™s Tariffsโ€”A Closer Look at Who Pays and How

Since President Donald Trumpโ€™s return to the White House, tariffs have been the centerpiece of the administrationโ€™s economic agenda.

Trump Announces Trade Deal With Japan

With Aug. 1 deadline approaching, the US has reached a trade agreement with Japan, U.S. President Trump announced on social media on Tuesday.
spot_img

Related Articles