California Takes on Oil Giants in Lawsuit Over Climate Change Deception

By : Benzinga

Published On: 2023-09-18

48 Views

00:36

California filed a lawsuit against major oil and gas companies like ExxonMobil, Shell, Chevron, ConocoPhillips, and BP, claiming that these companies deceived the public about the risks of climate change caused by fossil fuels. The lawsuit seeks to establish a fund financed by these companies to pay for recovery from climate-related disasters like wildfires and storms in California that have caused billions in damages. California alleges that the companies covered the science of climate change for decades according to the state. The oil industry argues climate policy should be made by Congress, not courts.

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