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.

The Epstein Mystery Takes A New Turn

This Epstein case is now the story with unending questions. However, the first question that needs to be answered is “Who killed Jeffrey Epstein?”

Istvan Kapitany Might Succeed In Hungary Where George Soros Failed

The Third Gulf War has been raging for almost...
00:00:30

Fresh bite on a vintage motto

Whether aimed at politicians, corporations, or the grocery aisle, “Where’s the beef?” is a demand for substance, fairness, and honesty.

Trump’s Anger with NATO is Justified!

President Trump has been critical about NATO and their unwillingness to take responsibility for their own defense, including at the Strait of Hormuz.
00:01:04

Glenn Beck Delivers Wakeup Call Tonight!

Some conservative podcasters seem to have gone on the Deep State payroll, have been infected with TDS, and/or see the government of Israel as our enemy.

HHS Confirms New Investment in Cancer Vaccines

U.S. health agencies are investing in vaccines that are aimed at preventing cancer from returning, officials said March 22.

Sheriff Investigating Nancy Guthrie Disappearance Says Case Hasn’t Gone Cold

Speaking to Tucson’s Arizona Daily Star on March 20, Pima County Sheriff Chris Nanos said the Guthrie case is “not even close” to having gone cold.

Judge Halts Development Meeting for Muslim City in Texas

Texas judge temporarily blocked a utility district meeting tied to development of a proposed Muslim enclave known as EPIC City, also called The Meadow.

2 Pilots Killed in LaGuardia Airport Runway Collision

Two pilots were killed when an Air Canada Express regional jet collided with a fire truck while landing at New York’s LaGuardia Airport on March 22.
00:27:39

US Looking to Seize Iranian Defectors’ Money: Bessent

Treasury Sec. Scott Bessent said that the US is moving to seize funds transferred abroad by Iranian defectors, so it can be to returned to the Iranian people.

Trump Says He’s ‘Not Putting Troops Anywhere’ Amid Iran War

President Donald Trump met with Japanese Prime Minister Sanae Takaichi to discuss the Iran war, saying he is not inclined to send U.S. ground troops.

US Agencies Terminated or Reduced 95 Wasteful Contracts Worth $2 Billion: DOGE

Federal agencies canceled or scaled back 95 wasteful contracts worth up to $2B in the last four weeks, saving taxpayers $757M.
00:01:01

Trump Expects Iran War to End ‘Soon’

President Trump said on March 16 that he believes the U.S.–Israeli war with Iran could be “wrapped up soon,” but its unlikely to end within the week.
spot_img

Related Articles

Popular Categories

MAGA Business Central