Richmond, California Files Lawsuit Against Chevron, Others For Climate Damages

From DeSmogBlog By Farron Cousins • Tuesday, January 23, 2018 – 11:33  Share342  Tweet  Reddit3  Share0  Share The city of Richmond, California is the home of oil giant Chevron’s domestic headquarters. It also happen to be the ninth city in the United States to file a lawsuit against fossil fuel companies for their contributions to global climate change. The lawsuit filed by the city lists Chevron …

Valve-turner, Climate ‘Hero’ Gets Three-Year Prison Sentence for Shutting Down Tar Sands Pipeline

Common Dreams By Jessica Corbett 6 Feb 2018 Michael Foster, the valve turner who temporarily halted the flow of tar sands oil in TransCanada’s Keystone pipeline in October 2016, called for future actions to address the global climate crisis before he headed to prison, where he is expected to serve at least a year of his three-year sentence. “It doesn’t matter if I’m sitting in jail. …

Rights of Nature and Community Rights movement in corporate crosshairs

Excerpt from Inside Climate News Since the dawn of the environmental movement, polluters have faced resistance from local residents and environmental advocates. But as industry encroached deeper into the natural world, a new legal movement emerged to end the centuries-old American legal tradition that defined nature as property. Most community activism has focused on trying to influence environmental agency decision-making, and …

Paris Considers Suing the Fossil Fuel Industry

By Rachel Hubbard, 7 Feb 2018 Tuesday, the city of Paris has said it will explore the possibilities of suing the fossil fuel industry. In response to the city’s recent climate damage including massive recent floods, Paris is considering taking this action following in the footsteps of New York and other U.S. cities. Paris made the commitment to divest three years ago in the …

Oil Investors Call for Human Rights Risk Report After Standing Rock

Marathon shareholders want the oil company to explain how it weighs environmental and social risks after the treatment of Dakota Access pipeline protesters. By David Hasemyer, Inside Climate News 6 Feb 2018 The clash between the Standing Rock Sioux Tribe and backers of the Dakota Access pipeline unfolded in news clips of violence, intolerance and humiliation. Demonstrators against the pipeline were met with …

Business may have to pick up the bill for climate change, warn analysts

By Madeleine Cuff 2 February 2018 Business Green  Litigation risk from climate change joins corporate disclosure and tougher supply chains scrutiny as Verisk Maplecroft’s top environmental risks for business in 2018 Businesses are under increasing threat of being sued for their role in causing climate change, according to environmental analysts at Verisk Maplecroft. As extreme weather events become more common, and more expensive …

New York City Sues 5 Major Oil Companies For Climate Change Related Damages

“This lawsuit is based upon the fundamental principle that a corporation that makes a product causing severe harm when used exactly as intended should shoulder the costs of abating that harm.” It also alleges the defendants have created a public nuisance. That argument is phrased like this in the complaint: “Defendants’ conduct constitutes a substantial and unreasonable interference with and obstruction …

On social license to operate: Blackrock $6 tn investment manager says “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society. Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.”

By Steve Hanley on Clean Technica, Jan 2018 Laurence D. Fink may not be a household name, but he is a very influential person. When Mr. Fink speaks, others listen. Why? Because as the founder and CEO of BlackRock, he controls more than $6 trillion in assets. That’s the kind of clout that gets a person noticed. On January 16, …