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

5Mind. The Meme Platform

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.

“It’s partly ideological, trying to drive these companies out of business,” 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 consumers’ use of fossil fuels.

“These 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,” Mr. Stein said. “If the state banned the sale of oil, the population would revolt, so this is their backdoor way of trying to impose their will.”

Many of the climate lawsuits assert that pollution caused by oil companies creates a “public nuisance” 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

“Between 1985 and 2018, we estimate partial damages of the combined CO2 emissions from 25 companies—oil and gas carbon majors—of about $20 trillion USD,” Climate Analytics states.

By Kevin Stocklin

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
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.
00:02:22

Young Washington: Movie Review

Sitting in the theater watching Young Washington, I found myself wondering why this story hadn’t been made into a film sooner.
00:02:08

A Movie That’ll Keep You Awake: A Great Awakening

So how does someone (me) who thinks they’ve just seen the greatest movie ever (A Great Awakening), persuade you to watch it?

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:01:39

Citizen Vigilante Delivers the Warning Western Governments Desperately Need to Hear

Citizen Vigilante shows what happens when the state stops defending the native population and shields favored migrant groups while criminalizing native dissent.
00:00:56

Justice Department Files Denaturalization Cases Against 25 US Citizens

The denaturalization complaints were filed in multiple district courts against people alleged to have carried out various serious offenses, including assault, attempted murder, battery, and sexual assault.

New York Cannot Ban Federal Agents From Wearing Masks, Judge Rules

A judge ruled on Aug. 3 that New York cannot ban federal agents from wearing masks or balaclavas, or require them to wear visible identification.
00:01:40

UFC Figher Allan Nascimento Dies at 34

Allan Nascimento, a Brazilian flyweight fighter who competed under the UFC banner, died on Monday at age 34 after an apparent heart attack while he slept.
00:01:14

Amazon to Disburse $600 Million in Tariff Refunds to Customers

Amazon plans to return about $600 million in Trump-era tariff refunds received in Q2 2026, passing the savings on to eligible customers.
00:01:20

Blanche Nomination Advances to Senate Floor Vote

The Senate Judiciary Committee on Aug. 3 advanced the nomination of Todd Blanche as U.S. attorney general after he struck a deal with two GOP holdouts.
00:02:00

Clayton to Become Top US Intelligence Official on Monday

Jay Clayton will take over as director of national intelligence (DNI) on Monday, according to a social media post by acting director Bill Pulte.
00:57:09

Trump Imposes 4-Year Tariff-Rate Quota on Quartz Surface Imports

President Donald Trump on Friday signed a proclamation establishing a four-year tariff-rate quota on imports of quartz surface products.
00:18:44

Trump Launches ‘Freedom Haulers’ Plan to Replace Unvetted Truckers With Veterans

President Trump launches Freedom Haulers to boost highway safety by replacing unqualified commercial truck drivers with military veterans.
spot_img

Related Articles

Popular Categories

MAGA Business Central