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Boulder County Files Climate Damage Lawsuit Against Sunoco Energy and ExxonMobil

Daily Reckoning ·

XOM ExxonMobil Holdings Corp
$174.08 +1.12%
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  1. 1Boulder County filed a lawsuit against Sunoco Energy and ExxonMobil in 2018 regarding future costs.
  2. 2More than 60 local governments across the United States have filed similar lawsuits.
  3. 3Considering hydrocarbons account for 83% of total global energy output, companies deny responsibility and argue that federal law blocks claims based on global emissions.

So what's the key point?

Boulder County has filed a lawsuit against Sunoco Energy and ExxonMobil seeking compensation for damages caused by climate change. The companies are responding legally and denying responsibility.

Source Daily Reckoning · View original ↗

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