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UPDATE 1-Oil companies defeat New York City appeal over global warming

Thu, 01st Apr 2021 15:11

(Adds comment from city, details from decision, background)

NEW YORK, April 1 (Reuters) - A federal appeals court on
Thursday rejected New York City's effort to hold five major oil
companies liable to help pay the costs of addressing harm caused
by global warming.

Ruling in favor of BP Plc, Chevron Corp,
ConocoPhillips, Exxon Mobil Corp and Royal Dutch
Shell Plc, the 2nd U.S. Circuit Court of Appeals in
Manhattan said the regulation of greenhouse gas emissions should
be addressed under federal law and international treaties.

It rejected the city's efforts to sue under state law for
trespass and creating a nuisance.

"Global warming presents a uniquely international problem of
national concern," Circuit Judge Richard Sullivan wrote for a
three-judge panel. "It is therefore not well-suited to the
application of state law."

New York City's lawsuit was one of the earliest efforts by
U.S. states and municipalities to turn to the judiciary and
invoke state law in seeking help to address climate change.

Nick Paolucci, a spokesman for the city's law department,
said the city is disappointed it could not hold the oil
companies "accountable for the environmental damage they knew
their products would cause."

The companies did not immediately respond to requests for
comment.
(Reporting by Jonathan Stempel and Sebastien Malo in New York
Editing by Chizu Nomiyama and Jonathan Oatis)

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19 Jan 2022 08:56

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18 Jan 2022 13:08

UPDATE 1-Norway awards 53 new petroleum production licences

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18 Jan 2022 13:00

Angry investors seek to appoint board member to Third Point UK fund

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18 Jan 2022 12:51

UPDATE 2-Climate activists lose court case against UK oil regulator

(Adds reaction from government minister)By Shadia NasrallaLONDON, Jan 18 (Reuters) - A UK High Court on Tuesday threw out a case brought by climate activists against the country's oil and gas regulator OGA, rejecting their argument that the OGA's ...

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18 Jan 2022 12:51

UPDATE 1-Climate activists lose court case against UK oil regulator

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18 Jan 2022 12:14

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17 Jan 2022 10:33

UPDATE 2-Oil majors, Iberdrola among winners set to harness Scottish wind

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17 Jan 2022 10:33

UPDATE 3-Scottish wind sale nets nearly $1 billion with Shell, BP among winners

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17 Jan 2022 10:33

UPDATE 1-Crown Estate Scotland offers 17 projects seabed rights for offshore wind

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