New York City sued in January, claiming five oil companies are responsible for more than 11% of all the atmospheric carbon and methane pollution since the Industrial Revolution.
(Bloomberg) – A U.S. judge threw out New York's lawsuit seeking to hold five of the world's biggest oil companies financially responsible for contributing to climate change.
U.S. District Judge John Keenan dismissed the city's claims against Exxon Mobil Corp., Chevron Corp., BP Plc, Royal Dutch Shell Plc and ConocoPhillips, ruling that the federal Clean Air Act controls carbon dioxide emissions and blocks suits such as New York's. The problem of climate change is for Congress and the Executive Branch to address, he said.
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