Oil Companies Get Supreme Court Hearing on Climate Suits [Los Angeles Times (CA)]
Exxon Mobil Corporation (XOM)
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Source: Los Angeles Times
The justices will review a Colorado Supreme Court ruling that said the city and county of Boulder could use state law to press a suit against the two companies. Similar suits around the country ultimately could cost the industry billions of dollars if the Supreme Court lets them go forward. The decision to hear the Colorado case came after the Trump administration, business groups and conservative organizations filed a flurry of briefs urging the court to take up the appeal. “The stakes in this case could not be higher,” Exxon and Suncor argued. The suits seek to “impose untold damages on energy companies for the physical and economic effects of climate change.” The city and county of Boulder say the oil companies misled the public about the risks of climate change and knowingly contributed to it by producing and promoting fossil fuels. Boulder says the companies should cover some of the costs state and local governments are incurring to cope with the changes. The oil compani
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