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Post by bluemingidiot on Jan 11, 2018 21:13:01 GMT
The state and various local governments claim the oil companies have long known about the damaging effects fossil fuels have on the environment. They further allege that oil companies have worked to suppress and fraudulently refute scientific climate data in order to protect their industry and avoid any responsibility for climate change-related damages. San Mateo County is suing the oil companies because it says in its complaint that it is "particularly vulnerable to sea level rise" and that there is a 93 percent chance the county experiences a "devastating" flood before 2050. But San Mateo noted in bond offerings in 2014 and 2016 that the county "is unable to predict whether sea-level rise or other impacts of climate change or flooding from a major storm will occur." Imperial Beach, California claims in the lawsuit that it faces a very high danger from sea level rise and its economic vulnerability from climate change is valued at more than $106 million. But the city in bond offerings has never warned investors that such disasters await them. www.cnbc.com/2018/01/11/california-climate-change-hypocrisy-exposed-by-big-oil-commentary.html
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Post by countrymom22 on Jan 12, 2018 18:27:33 GMT
Hey, there has to be someone at fault here right? After all, things never just happen, do they? Why not sue the people driving the cars while you're at it?
I'd like to say I'm surprised, but sadly I'm not.
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Deleted
Deleted Member
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Post by Deleted on Jan 12, 2018 21:47:05 GMT
Wonder how California will appreciate their tax dollars being thrown out the window in a folly like this. Trying to collect on something that hasn't happened yet, and which probably can't be proven to a single factor.
I keep hoping for the best but there is much mental malfunction in our world.
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Post by princessferf on Jan 16, 2018 18:56:45 GMT
The state and various local governments claim the oil companies have long known about the damaging effects fossil fuels have on the environment. They further allege that oil companies have worked to suppress and fraudulently refute scientific climate data in order to protect their industry and avoid any responsibility for climate change-related damages. San Mateo County is suing the oil companies because it says in its complaint that it is "particularly vulnerable to sea level rise" and that there is a 93 percent chance the county experiences a "devastating" flood before 2050. But San Mateo noted in bond offerings in 2014 and 2016 that the county "is unable to predict whether sea-level rise or other impacts of climate change or flooding from a major storm will occur." Imperial Beach, California claims in the lawsuit that it faces a very high danger from sea level rise and its economic vulnerability from climate change is valued at more than $106 million. But the city in bond offerings has never warned investors that such disasters await them. www.cnbc.com/2018/01/11/california-climate-change-hypocrisy-exposed-by-big-oil-commentary.htmlLooks like California is trying to have it both ways. And we all know how well that works out.
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