New York City Sues Fossil Fuel Companies for 200 Years of Climate Destruction
New York City mayor Bill De Blasio announced on Wednesday that the city’s pension fund will divest its roughly $5 billion in fossil fuel holdings. The Big Apple will also sue five major oil companies—BP, Exxon Mobil, Chevron, ConocoPhillips and Shell—for climate damages past, present and future, calling climate change “perhaps the toughest challenge New York City will face in the coming decades.”
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