TAKING CLIMATE CHANGE TO COURT
Climate change may create legal liability for Canadian energy firms; New report from B.C. think-tanks says elements are in place to allow for civil action
October 9, 2014 (The Canadian Press via CBC News)
"Advances in climate change science could be creating a huge legal liability for major Canadian energy companies, especially from foreign judgments being enforced locally…[Payback Time? What the Internationalization of Climate Litigation Could Mean for Canadian Oil and Gas Companies] from the Canadian Centre for Policy Alternatives and West Coast Environmental Law, joins a growing body of research considering how the law might be used to recoup the costs of climate change from companies that contribute to it…Although linking individual weather events directly to climate change remains dicey, researchers are increasingly able to estimate the costs that rising greenhouse gases impose…One international think-tank put the 2010 global cost at $591 billion. In Canada, the National Roundtable on the Environment and the Economy has said climate change will cost $5 billion annually by 2020…Scientists are also honing in on the sources of greenhouse gases. Published research has narrowed down the source of two-thirds of all carbon emissions from 1854-2010 to 90 private and state-owned corporations, five of which are Canadian — Encana, Suncor, Canadian Natural Resources Ltd., Talisman and Husky…” click here for more
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