New York City Sues Big Oil Over Effects of Climate Change

Earlier this month, the New York City government (the City) filed a complaint in the U.S. District Court for the Southern District of New York against five of the world’s largest publically traded oil companies. The complaint alleges that the defendants significantly contributed to climate-change through the sale of oil and gas products over the years, resulting in property damage and subsequently forcing the City to incur other costs associated with weather-related prevention efforts, now and in the future.

Specifically, the City claims that the …

Continue Reading