California sues oil giants for downplaying risks posed by fossil fuels

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LOS ANGELES, Sept 16 — The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the risks posed...

LOS ANGELES, Sept 16 — The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the risks posed by fossil fuels, the New York Times reported today.

The American Petroleum Institute, an industry trade group, has also been listed as a defendant in the case, the report said, adding that California has sought the creation of an abatement fund to pay for future damages caused by climate related disasters in the state.

Source: News Formal (newsformal.com)

 

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