New York Sues Exxon, Others Over Climate Change – Stabroek News
Article Synopsis – 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. The lawsuits are the latest legal challenges against oil companies over climate change and come as the firms are searching for new business models amid pressure by governments and consumers for cleaner energy. To read the actual article click here.