Financial News
Big Oil Firms Thwarted in Their Effort to Have California Court Dismiss Greenwashing Suit
The Superior Court of San Franisco County recently issued a ruling on a motion filed by major oil producers, including BP, Shell and ExxonMobil. The motion was filed to suppress climate change-related suits filed by the state of California; the cities of Oakland, Imperial Beach, San Francisco, Richmond, and Santa Cruz; and the counties of Santa Cruz, Marin, and San Mateo.
In their defense, the big oil firms claimed that the cases needed to be…
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