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Tag: Exxon

Trump will transform climate court battles in 2025

Trump will transform climate court battles in 2025 By Lesley Clark, Niina H. Farah The president-elect has vowed to stop climate lawsuits against the oil industry and is expected to change the U.S. position in fights over planet-warming emissions. Climate lawyers are gearing up for a spike in climate litigation this year — even as President-elect […]

BONNER COHEN: New York’s anti-fossil fuel shakedown could spread to other states

https://humanevents.com/2024/12/31/bonner-cohen-new-yorks-anti-fossil-fuel-shakedown-could-spread-to-other-states by: Bonner Cohen “With nearly every record rainfall, heatwave, and coastal storm, New Yorkers are increasingly burdened with billions of dollars in health, safety, and environmental consequences due to polluters who have historically harmed our environment” Under the guise of climate remediation, New York Gov. Kathy Hochul (D) signed a bill into law Dec. 27 that will allow the […]

Hochul’s polluters pay bill could result in regressive costs for working families, say economists

https://www.foxnews.com/politics/hochuls-polluters-pay-bill-regressive-costs-working-families-economists By Aubrie Spady Fox News A New York democratic bill aimed at charging oil and gas companies for pollution could result in regressive costs for working families in the state, energy and economic experts tell Fox News Digital. New York Gov. Kathy Hochul recently signed the Climate Change Superfund Act, a bill that seeks to charge polluters up […]

Hochul’s senseless $75B climate cash grab will only speed New York’s decline

https://nypost.com/2024/12/30/opinion/hochuls-75b-climate-cash-grab-only-speeds-nys-decline/ By Peter Murphy Gov. Hochul last week signed a new climate bill forcing fossil-fuel companies to pay $75 billion in “recovery” assessments over the next 25 years for their alleged role in causing “extreme weather.” “It’s time for large polluters to pay their fair share,” she declared. But the claim is an unscientific joke — and the law, […]

Exxon Says ‘Drill, Baby, Drill’ Is Unlikely Under Trump – & urges Trump NOT to withdraw the US Paris climate pact & instead push for a ‘common sense’ carbon-cutting policy

https://www.rigzone.com/news/wire/exxon_says_drill_baby_drill_is_unlikely_under_trump-26-nov-2024-178859-article/ By Bloomberg: Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill,” said Exxon Mobil Corp.’s Upstream President Liam Mallon. “I think a radical change is unlikely because the vast majority, if not everybody, is primarily focused on […]

‘Climate Change Superfund Act’: New York to fine fossil fuel companies $75 billion to pay for ‘climate damage’ – Hold them ‘accountable for more frequent & costly extreme weather disasters’

https://www.washingtonpost.com/climate-environment/2024/12/26/new-york-climate-superfund/ New York aims to fine polluters up to $75 billion with new climate law The law would raise $75 billion over 25 years from major carbon polluters, requiring them to pay for climate damage caused by increasingly severe weather. By Anna Phillips New York became the second state to require fossil fuel companies to […]

Canadian climate lawsuit by young people could sway global cases

https://www.reuters.com/business/environment/canadian-climate-lawsuit-by-young-people-could-sway-global-cases-2024-10-16/ Summary Plaintiffs argue Ontario’s climate target violates their rights Ontario says climate target not a matter for courts Win for plaintiffs could set a precedent in Canada TORONTO, Oct 16 (Reuters) – The appeals court in Canada’s most populous province is set to rule on Thursday whether Ontario’s climate target violates young people’s rights, […]

Newsweek column: ‘Milton’s Landing: Big Oil Must Pay for Massive Storm Damage’ – Likens energy companies to ‘a Bond villain’ who ‘had pushed a killer hurricane button to create such a lethal storm’

https://www.newsweek.com/miltons-landing-big-oil-must-pay-massive-storm-damage-opinion-1966615 By Aaron Regunberg – (Aaron Regunberg is a former Democratic state legislator and senior climate policy counsel at Public Citizen.) Excerpt: Violent weather, storms, deluges, the fragility of civilization—for countless families in Florida, Georgia, western North Carolina, South Carolina, and Tennessee, these predictions have become reality. Hurricane Helene was a cataclysm of nightmarish scale. […]