NYC Mayor Files Climate Lawsuit Against BP, Shell And Other Oil Majors

NYC Mayor Files Climate Lawsuit Against BP, Shell And Other Oil Majors

Bill de Blasio, the city's mayor, said that NY would be seeking damages worth billions of dollars from the companies.

New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their "contributions to global warming", as it said it would divest fossil fuel investments from its $189 billion public pension funds over the next five years.

Mayor Bill de Blasio says the city will be seeking billions in the lawsuit to recoup money spent by the city for resiliency efforts related to climate change.

New York City Mayor Bill de Blasio is cranking up the heat in its fight against climate change and pollution by suing major oil companies.

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

Five major oil exploration, production, and refining companies face lawsuits in the city of NY over allegations that they contributed to global warming, according to a new report by the Orlando Sentinel.

In addition to the lawsuit, New York City also announced on Wednesday its intention to divest some $5 billion in its pension funds from oil and gas companies.

The city is suing five major oil companies for billions of dollars to pay for the cost of protecting New York City from the effects of climate change.

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New York Gov. Andrew Cuomo proposed last month pulling fossil-fuel investments from the state's retirement fund, prompting state Comptroller Tom DiNapoli to reiterate that "there are no immediate plans to divest our energy holdings".

"This city is standing up and saying, 'We're going to take our own actions to protect our own people, '" the mayor said at the press conference.

In a blog post, ExxonMobil vice president of public and government affairs Suzanne McCarron said that the company is committed to tackling climate change and has invested US$8bn since 2000 on energy efficiency and emissions reduction. ExxonMobil has instead responded strongly to the claims by requesting depositions for "potential claims of abuse of process, civil conspiracy, and violation of ExxonMobil's civil rights".

"Defendants here produced, marketed, and sold massive quantities of fossil fuels - primarily oil and natural gas - despite knowing that the combustion and use of fossil fuels emit greenhouse gases (GHG), primarily carbon dioxide".

"This was a tragedy that was wrought by the actions of the fossil fuel companies".

"Reducing greenhouse gas emissions is a global issue that requires global engagement", said Reddall. "The mayor's decision to play politics with underfunded pension plans and sue USA energy manufacturers is the same divisive approach we've seen fail time and again". The lawsuit includes an exhibit of evidence-a letter sent on November 12, 1982 to Exxon's management and personnel by M. B. Glaser, the company's manager of environmental affairs programs, which projects average global temperatures rising by as much as 3 degrees Celsius by the year 2100, a level climate scientists today say would be catastrophic. Conoco and BP did not comment.

Shell called climate change "a complex societal challenge" that should be addressed "through sound government policy and cultural change", and not in court.

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