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New York City lawsuit against Exxon, BP, Shell over climate change dismissed

The Federal Reserve has withdrawn from an international group of central banks focused on regulating the financial system to combat climate change.
Five of the Fed's seven governors voted in favor of leaving the network, including Chair Jerome Powell.

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Chicago Tribune

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Federal Reserve says it will leave climate change organization

WASHINGTON — The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate change. The Fed’s membership has been criticized by Republicans in Congress. In a short statement, the Fed said it had “appreciated” working with the Network of Central Banks and Supervisors for Greening the Financial System. But it added that the organization …

2 months ago·Chicago, United States

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Law360

Energy Giants Escape NYC's Climate Deception Suit

A New York state judge has dismissed the Big Apple's suit accusing Exxon, BP and Shell of deceiving the public about the climate change effects of their operations, saying the city has failed to allege its consumer protection laws were violated.

2 months ago·New York, United States

New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

2 months ago·New York, United States

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Watts Up With That?

Three Strikes and You’re Out! New York Swings And Misses Again wi...

So, to summarize: it turns out that the “deceivers” were never the energy companies to begin with. Rather, New York City attempted to deceive the legal system by taking information out of context in order to name and shame American energy companies. While unfortunate, this activity isn’t surprising considering the City’s law firm, Sher Edling,…

2 months ago

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Gothamist

NYC loses lawsuit over Big Oil's 'greenwashing' at gasoline pumps

The ruling issued Tuesday by Justice Anar Rathod Patel amounts to yet another legal defeat in a nationwide effort by local and state governments to sue large polluters.

2 months ago·New York, United States

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Hawaii Tribune-Herald

New York City lawsuit against Exxon, BP, Shell over climate change dismissed - Hawaii Tribune-Herald

NEW YORK — A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the public about their products, and their commitment to renewable energy and fighting climate change.

2 months ago

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