Exxon, Chevron ask US Supreme Court to toss ruling in Honolulu climate change suit [Reuters]
Sunoco LP Common Units representing limited partner interests (SUN)
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Source: Reuters
Supreme Court to scrap a decision that allowed Honolulu's lawsuit alleging the companies misled the public for decades about the dangers of climate change to proceed to trial, according to a lawyer for the companies. The petition for certiorari challenges an October Hawaii Supreme Court decision that rejected the oil companies' argument that the lawsuit is preempted, or blocked, by federal law because it seeks to regulate interstate emissions or commerce, powers reserved for the federal government. It said the case instead focused on allegedly misleading statements the companies made, which Honolulu claims led to property and infrastructure damage caused by climate change. The oil companies told the justices Wednesday that the state's high court got its ruling wrong, since the source of Honolulu's alleged climate-related injuries is “most certainly” the greenhouse gas emissions from fossil fuels burned in vehicles and power plants across the country, which are beyond the scope of
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SUN
Earnings
- 2/14/24 - Miss
SUN
Sec Filings
- 4/19/24 - Form 4
- 4/19/24 - Form 4/A
- 4/17/24 - Form 8-K
- SUN's page on the SEC website