Issues

NYC to Sue Big Oil Companies for Global Warming

Lefty Mayor Bill de Blasio declared all-out war yesterday on the world’s five largest oil companies on behalf of New York City.

Blaming fossil fuels for ‘climate change’ and apparently for the city’s smog, he argued that ‘greed’ is the culprit for our impending collective doom.

The fact that de Blasio arrived and left the venue via a petroleum-fueled vehicle aside…oh wait, and that his office is heated via fossil fuels and that the lights, cameras and microphone he used for the event came via coal-fired electricity also aside, fossil fuels are really, really bad, ya’ll.

Something tells us the courts may have a question about NYC’s standing and/or the court’s jurisdiction over the climate.

Here’s more from VOA News…

New York City is making a move against the fossil fuel industry on two fronts.

Democratic Mayor Bill de Blasio announced Wednesday the city is suing five big oil companies for global warming and divesting $5 billion in oil investments from the city’s pension funds.

“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,” de Blasio alleged Wednesday. “As climate change continues to worsen, it’s up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient.”

The mayor compared the oil companies to cigarette manufacturers, who knowingly made and marketed a product they knew was deadly.

Three of the five companies the city is suing — Chevron, ExxonMobil and Shell — said the lawsuit has no merit and that the courtroom is not the place to fight global warming.

BP and ConocoPhillips declined to comment.

Mayor de Blasio and City Comptroller Scott Stringer also announced plans to sell off $5 billion in fossil fuel investments from the city’s $189 billion pension fund for employees — the largest such divestment of any U.S. city.

You Might Also Like