New York City Suing Major Oil Companies Over Global Warming

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New York City is suing five oil companies over climate change.

The city is suing BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell, according to The Associated Press.

New York alleges the five major oil companies have played a role in global warming, the AP reported and is seeking to recoup billions of dollars spent preparing for climate change.

The city previously said it was going to divest its five pension funds from fossil fuel companies, according to the AP.

In a statement about plans to divest, de Blasio said New York City is “standing up for future generations by becoming the first major US city to divest our pension funds from fossil fuels.”

“At the same time, we’re bringing the fight against climate change straight to the fossil fuel companies that knew about its effects and intentionally misled the public to protect their profits,” he said.

 

read more at thehill.com

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About Chuck Berry

Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!