In a significant legal development, the state of California has filed a lawsuit against the world’s top five oil companies, accusing them of causing climate damage worth billions of dollars.
According to a report by The New York Times, the civil lawsuit was filed in the Supreme Court of San Francisco against Exxon Mobil, Shell, British Petroleum (BP), ConocoPhillips, Chevron, and the American Petroleum Institute (API).
These companies and their allies are alleged to have knowingly understated the risks posed by fossil fuels to the public, despite knowing since the 1950s that their products could contribute to climate change.
California is seeking to establish a fund to cover future damages caused by climate-related disasters in the state, which is on the front lines of climate change, facing wildfires, floods, and other climate-related phenomena.
The lawsuit states that the executive officials of oil and gas companies have known for decades that reliance on fossil fuels could lead to catastrophic results, adding that however, they concealed this information from the public and policymakers by disseminating misleading information.
This legal action follows several other lawsuits brought by cities, counties, and states in the United States against fossil fuel interests for their role in climate change and alleged decades-long disinformation campaigns.
The California lawsuit is another sign of the growing legal and political pressure on the fossil fuel industry to take responsibility for its impact on climate change and to support measures to reduce greenhouse gas emissions.