11 Jan '18, 9pm

New York City Sues 5 Major Oil Companies For Climate Change Related Damages

New York City Sues 5 Major Oil Companies For Climate Change Related Damages

When Superstorm Sandy swooped down on northern New Jersey and New York City in October 2012, it caused more than $71 billion in economic damage, according to the National Hurricane Center . New York City has spent billions to repair the damage. Now it wants the 5 largest oil companies to reimburse it for its losses and pay for the infrastructure improvements needed to protect the city from the impacts of rising sea levels and even more powerful storms in the future. The legal language is more flowery that this, but in effect, New York City is saying to the oil companies, “You caused this mess, now clean it up.”

Full article: https://cleantechnica.com/2018/01/11/new-york-city-sues-5...

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