“Rising seas are already eroding San Mateoâ€™s coast, and the county will need to spend billions of dollars on new sea walls and other infrastructure to protect itself in the years to come. So in July, San Mateo, along with Marin County and the city of Imperial Beach, sued 37 fossil fuel companies, arguing that they should help pay for the damage their products cause.”
See Better climate science has opened the door to lawsuits against Big OilI’m old enough to remember when big lawsuits against tobacco and asbestos began to bite. The world is a better place now because of them. Now, it’s the turn of Big Oil. The insanity of returning hundreds of millions of years of CO2 to the atmosphere in a century or so could be recognized in court and prosecuted for what it is, gross negligence.
The results could be enormous:
- Huge drops in profitability for Big Oil and coal
- Rapid cuts to production of oil and coal
- Rapid investment in renewable electricity
- Rapid investment in EVs
This could be good. I might even live long enough to see it happen even with Trump propping up dirty/criminal energy.