The U.S. Supreme Court declined to hear challenges against lawsuits filed by states and local governments against oil companies. These lawsuits aim to seek compensation for damages related to climate change.
Critics argue that these lawsuits, which they claim are pushing anti-fossil fuel policies, could result in billions of dollars in payouts. Ultimately, this would impact consumers.
O.H. Skinner from the Alliance for Consumers issued a warning. He said such lawsuits might drive up costs for customers. Additionally, he believes they could contribute to a shift towards the Green New Deal through court orders. A coalition of 19 states has filed a constitutional challenge against these lawsuits. These lawsuits target energy companies under state nuisance laws.
The Biden administration has contended that these cases aren’t ready for review by the Supreme Court. However, opponents claim that they are being fueled by hidden money from liberal groups. These groups allegedly aim to regulate the energy sector through these legal actions.