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New York City Lawsuit Claims Exxon, BP, Shell Mislead Over ‘Cleaner’ Fuels
New York City on Thursday sued three major oil companies and the top industry trade group in state court, arguing that the companies are misrepresenting themselves by selling fuels as “cleaner” and advertising themselves as leaders in fighting climate change.
The lawsuit comes after a federal appeals court this month rejected the city’s effort to hold five major oil companies liable to help pay the costs of harm caused by global warming.
The lawsuit said Exxon Mobil Corp., BP Plc, Royal Dutch Shell and industry group the American Petroleum Institute “have systematically and intentionally misled consumers” through fuel sales at branded stations as “cleaner” and “emissions-reducing” while not disclosing climate impacts.
UPDATE 1-New York City sues Exxon, BP, Shell in state court over climate change Reuters 2 hrs ago
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April 22 (Reuters) - New York City is suing three major oil companies and the top industry trade group in state court, arguing that the companies are misrepresenting themselves by selling fuels as cleaner and advertising themselves as leaders in fighting climate change.
The lawsuit comes after a federal appeals court this month rejected the city s effort to hold five major oil companies liable to help pay the costs of harm caused by global warming.
The lawsuit filed on Thursday said Exxon Mobil Corp, BP Plc, Royal Dutch Shell and industry group the American Petroleum Institute have systematically and intentionally misled consumers through fuel sales at branded stations as cleaner and emissions-reducing while not disclosing climate impacts.
By Jennifer Hiller
HOUSTON, April 19 (Reuters) – Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S. petrochemical plants and bury them in deep under the Gulf of Mexico.
The plan would require “$100 billion or more” from companies and government agencies to store 50 million metric tons of CO2 by 2030, with capacity potentially doubling by 2040, Joe Blommaert, president of Exxon’s Low Carbon Solutions business, said in an interview.
Blommaert outlined the plan on Monday, about two months after the largest U.S. oil producer appointed him to run a new Low Carbon Solutions business that could profit from selling carbon-reduction technology and services.