New York has been trailing dangerously close to California’s liberal footsteps. Now they have done the unthinkable…..
The city of New York is suing five of the biggest oil companies for their alleged part in global warming. So in essence, they are being sued for an imaginary concept.
New York Mayor Bill de Blasio will announce in a press conference Wednesday afternoon the suit against BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell, the five largest investor-owned fossil fuel companies as measured by their contributions to global warming. He will also announce that the city will divest its pension funds of $5 billion in fossil fuel investments.
“New York City is standing up for future generations by becoming the first major U.S. city to divest our pension funds from fossil fuels,” the mayor continued, “At the same time, we’re bringing the fight against climate change straight to the fossil fuel companies that knew about its effects and intentionally misled the public to protect their profits. As climate change continues to worsen, it’s up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient.”
The city will seek billions in damages to cover infrastructure improvements needed to protect New Yorkers from the increasing effects of climate change. The city has already begun implementing a $20 billion climate resiliency plan to protect city infrastructure from rising seas and extreme weather.
Now New York wants to shift the burden of protecting the city from climate change impacts back onto the companies it says have done nearly all they could to create the threat.
When Superstorm Sandy hit New York City in 2012, it killed 43 people, caused $19 billion in damages and flooded nearly 90,000 buildings. Two million residents were left without power and 6,500 patients had to be evacuated from hospitals and nursing homes. It drove home the city’s vulnerability to climate impacts and de Blasio made climate action a big part of his initial campaign for mayor in 2012.
I actually laughed at the statement made by Sierra Club Executive director Michael Brune. He stated, “This is what climate leadership looks like. To confront the climate crisis, we must hold corporate polluters accountable in the streets, in the boardrooms, and in the courts.”
What is there to confront? Global warming is a joke! Climates change and evolve naturally.
And while I’m at it, Al Gore is a joke too.
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