Oil extraction [image credit: ewg.org]
The sub-heading to this is: ‘Liberal cities attempt a climate shake down of oil firms’. These cities run fuel-powered vehicles by the hundreds but still want massive compensation from oil companies. Success would likely make fuel prices rise to recover any losses.
H/T Climate Depot
San Francisco, Oakland, New York and Seattle have sued five global oil giants—BP, Chevron, ConocoPhillips, ExxonMobil and Royal Dutch Shell —for billions in future damages from climate change, reports the WSJ.
Brass-knuckled plaintiff firm Hagens Berman Sobol Shapiro has been shopping around the lawsuit to other cities desperate for cash.
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