Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

New York City lawsuit against Exxon, BP, Shell over climate change dismissed

by
January 15, 2025
in Stock
0
New York City lawsuit against Exxon, BP, Shell over climate change dismissed

NEW YORK (Reuters) – A judge has dismissed New York City’s lawsuit alleging that Exxon Mobil (NYSE:XOM), BP (NYSE:BP) and Shell (LON:SHEL) were liable for misleading the public about their products, and their commitment to renewable energy and fighting climate change.

In a decision on Tuesday, state Supreme Court Justice Anar Patel in Manhattan rejected the city’s argument that the oil companies should have told climate-conscious residents that fossil fuels cause climate change because this information was publicly known.

Patel also found no proof that the companies conducted “greenwashing” campaigns, including statements about clean energy and alternative energy sources, so they could sell more fossil fuel products in the city.

A spokesman for the city’s law department had no immediate comment on Wednesday.

The lawsuit began in April 2021, after a federal appeals court refused to hold Exxon, BP, Shell and two other oil companies liable to pay the city’s costs for addressing harm caused by global warming.

Many U.S. state and local governments have sued oil companies to help pay for and be more forthcoming about climate change.

This post appeared first on investing.com
Previous Post

Impinj shares drop 12% following Q4 revenue and Ebitda guidance comments

Next Post

BlackRock CEO predicts decade-long recovery from Los Angeles wildfires

Next Post
BlackRock CEO predicts decade-long recovery from Los Angeles wildfires

BlackRock CEO predicts decade-long recovery from Los Angeles wildfires

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Report exposes billions in uncovered fraud, waste as watchdog coalition offers support to Trump’s crackdown

    Report exposes billions in uncovered fraud, waste as watchdog coalition offers support to Trump’s crackdown

    February 27, 2026
    DOJ sues 5 more states, demanding access to voter rolls: ‘We will not be deterred’

    DOJ sues 5 more states, demanding access to voter rolls: ‘We will not be deterred’

    February 27, 2026
    Prismo Metals to Advance Hot Breccia Toward Drilling Through Strategic Transaction

    Prismo Metals to Advance Hot Breccia Toward Drilling Through Strategic Transaction

    February 27, 2026
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Report exposes billions in uncovered fraud, waste as watchdog coalition offers support to Trump’s crackdown
    • DOJ sues 5 more states, demanding access to voter rolls: ‘We will not be deterred’
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2026 proudforprofits.com | All Rights Reserved