The state of California has sued major oil companies including Exxon Mobil Corp XOM.N, Shell PLC SHEL.L, and Chevron Corp CVX.N, accusing them of playing down the risks posed by fossil fuels, the New York Times reported on Friday, September 15.
The lawsuit, which also targets BP BP.L and ConocoPhillips COP.N, alleges the energy giants’ actions have caused tens of billions of dollars in damage and accuses them of deceiving the public, the report said, citing a filing in a superior court in San Francisco. 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.
California’s secretary of state, Chevron, BP, Shell, ConocoPhillips and the American Petroleum Institute didn’t immediately respond to Reuters requests for comment. Exxon Mobil could not immediately be reached.
Source: News Formal (newsformal.com)
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