The New York City government is attempting to shift the costs of bracing the city for climate change onto the world’s five largest publicly traded oil companies, which it claims “have done nearly all they could to create this existential threat.”
A lawsuit filed to the Southern District of New York Tuesday claims that BP, Chevron (CVX), Conoco-Phillips (COP), ExxonMobil (XOM), and Royal Dutch Shell (RDS-A)with creating 11% of all greenhouse gases, the Washington Postreports. It also claims the companies were aware of their impacts on climate and tried to obfuscate the truth.
For more on climate change, watch Coins2Day’s video:
This is not the first time U.S. Localities have tried to apply financial pressure to polluters.
In 2017, the California cities of San Francisco, Oakland, Santa Cruz, and Imperial Beach, as well as Santa Cruz county, Marin County, and San Mateo County attempted to sue oil majors over climate change damages, citing a theory called “public nuisance.” Those suits, however, have reportedly failed to make headway.
Read more:How Climate Change Will Transform the Way We Live
Michael Burger, director of the Sabin Center for Climate Change Law at Columbia University, told the Post that New York’s lawsuit was significant because it brought the legal challenge beyond California. The involvement of other jurisdictions, he said, might, “see adequate pressure applied to these companies to inspire action on climate change.”