US EditionWalters: Consumers will have to pay for effects of climate change
- Deadly wildfires affected Los Angeles County in 2023, prompting lawsuits and legislative efforts in California to hold oil companies accountable.
- These efforts arose from claims that oil companies knowingly misled the public on fossil fuels' role in climate change while contributing to destructive fires.
- California introduced several bills, including Senate Bill 222 and SB 684, aiming to let homeowners sue oil companies and create a Polluters Pay Superfund to assess climate damage costs.
- A Legislative Analyst's Office report states cap-and-trade adds about 23 cents per gallon now and could reach 74 cents, costing households roughly $700 yearly, especially burdening lower-income families.
- Though lawsuits increase, no court has yet held fossil fuel companies financially liable, and legislators warn California consumers will face higher living costs from climate policies.
11 Articles
11 Articles
Cal Matters
If lawmakers or lawsuits get oil companies to pay for climate change, consumers will pay, too.
A theory that oil companies should be held legally responsible for the effects of climate change has been circulating among California’s left-leaning organizations and their political allies for several years. The movement is gaining new vigor since deadly wildfires swept through Los Angeles County this year and it’s taking two forms — lawsuits and legislation. As a recent CalMatters article notes, “Across the country, states, cities, tribes and…
Addis' ambitious bill would force oil companies to pay for historic, and future, climate damage
After a tenure marked by climate disasters, Assemblymember Dawn Addis is pushing bold environmental legislation — including a revived “Polluters Pay” bill that would charge oil companies for climate damages — as California seeks new ways to fund its climate resilience. The post Addis’ ambitious bill would force oil companies to pay for historic, and future, climate damage appeared first on Lookout Santa Cruz.
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