Oil majors are facing civil lawsuits in courts from Hoboken to Honolulu that could cost the industry hundreds of billions of dollars for its role in producing planet-warming emissions.
The report found just five of the world’s leading emitters of greenhouse gases caused $6 trillion in global economic losses through warming caused by their emissions from 1990 to 2014.
A majority of Phillips 66 investors voted for a shareholder proposal that asked the Houston refiner to produce information about the public health risks of expanding petrochemical operations along the U.S. Gulf Coast.
Lawyers representing California cities and counties suing fossil fuel companies over localized climate impacts argued their cases are based on the companies' alleged campaigns of deception around climate science.
It's been a busy year for energy companies and U.S. locales embroiled in litigation over climate change damages, but the end still isn't in sight for these cases.
