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Oil Companies Rejected by Supreme Court on Moving Climate Fight

Bloomberg Green

Oil Companies Rejected by Supreme Court on Moving Climate Fight

By Greg Stohr: 14 June 2021, 14:32 BST

The U.S. Supreme Court rejected an appeal by oil companies including BP Plc and Exxon Mobil Corp., leaving intact an important procedural ruling favoring two California cities suing for billions of dollars to address the impact of climate change.

The justices, without comment, refused to consider the industry’s bid to shift the lawsuit into federal court, where companies tend to fare better than they do before state tribunals.

The rebuff is a victory for San Francisco and Oakland, part of a group of litigants around the country seeking reimbursement for costs associated with rising sea levels, including coastal flooding, increased shoreline erosion, and salt-water impacts on water-treatment plants.

The lawsuit also names Chevron Corp., Royal Dutch Shell Plc and ConocoPhillips as defendants.

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