The city of Chicago initiated a groundbreaking climate fraud lawsuit against major oil and gas companies on Tuesday. Leveraging local laws, Chicago's legal case alleges these companies have knowingly contributed to climate change. This exciting move marks an innovative drive towards holding corporations accountable for their part in the global environmental crisis.
1. The city of Chicago has initiated a ground-breaking lawsuit against major oil and gas companies, accusing them of fraud related to climate change.
2. Using local laws, the lawsuit alleges that these companies have knowingly contributed to the environmental crisis by exacerbating climate change.
3. Some of the companies primarily targeted are BP, Chevron, ExxonMobil, Shell, and The American Petroleum Institute.
4. The lawsuit claims that these companies have deliberately deceived the public about the environmental impact of fossil fuels for decades.
5. This legal action is part of a growing global movement to hold the fossil fuel industry accountable for their role in accelerating climate change.
According to a report published by CDP in 2017, just 100 companies are responsible for 71% of the planet's industrial greenhouse gas emissions.
The lawsuit, filed in the Cook County Court, primarily targets BP, Chevron, ExxonMobil, Shell and The American Petroleum Institute. It accuses these global giants of deliberate deception about the environmental impact of fossil fuels. Chicago authorities suggest that for decades, oil companies have knowingly misled the public regarding the harmful effects of fossil fuels to the environment, which contribute significantly to climate change. The lawsuit comes as part of a growing global movement to use legal means as a weapon against the fossil fuel industry, holding them accountable for accelerating climate change.