NewEnergyNews: Research Supports Lawsuits Against Old Energy


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    Friday, September 08, 2017

    Research Supports Lawsuits Against Old Energy

    Big Oil must pay for climate change. Now we can calculate how much; It is possible for scientific evidence to help apportion responsibility for climate damages among fossil fuel producers. Our paper shows how

    Peter C. Frumhoff and Myles Allen, 7 September 2017 (UK Guardian)

    “…In the United States, the default assumption is that costs of climate damages and adaptation should be borne by taxpayers, through flood insurance programs, federal disaster relief funds and the like, as well as by affected individuals, families and private businesses…This assumption is now being challenged in the courts. Lawsuits filed in July by three coastal California communities against ExxonMobil, Chevron, BP and other large fossil fuel companies argue that the companies, not taxpayers and residents, should bear the cost of damages…[The rise in global atmospheric CO2, surface temperature, and sea level from emissions traced to major carbon producers, a peer-reviewed paper in the journal Climatic Change,] shows it is possible for scientific evidence to help apportion responsibility for climate damages among fossil fuel producers…[It] quantifies the amount of sea level rise and increase in global surface temperatures that can be traced to the emissions from specific fossil fuel companies…[N]early 30% of the rise in global sea level between 1880 and 2010 resulted from emissions traced to the 90 largest carbon producers…” click here for more

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