The state of New Jersey announced a major lawsuit Tuesday against five oil and gas companies, as well as a petroleum trade association.
New Jersey officials announced a lawsuit Tuesday against five oil and gas companies and a petroleum trade organization, alleging they had known for decades about the harmful impact of fossil fuels on climate change but instead deceived the public about that link.
"Based on their own research, these companies understood decades ago that their products were causing climate change and would have devastating environmental impacts down the road," said Platkin said in a statement."They went to great lengths to hide the truth and mislead the people of New Jersey, and the world."
The suit seeks civil penalties and damages, including for damage to natural resources such as wetlands, alleging that taxpayers will have to pay billions of dollars to protect communities from rising sea levels, deadlier storms, and other harmful effects and arguing that those costs should be paid by the defendants.
"As the energy system evolves, so will our business, to provide the mix of products that our customers need and extend the economic and social benefits of energy access to everyone," the company said. Shell said, however, that"a truly collaborative, society-wide approach" was required and the courtroom was not"the right venue.
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