The mayor is "seeking billions in the lawsuit to recoup money spent by the city for resiliency efforts related to climate change", from the major oil companies, the Associated Press reports.
Other defendants include Chevron, Conoco Phillips and Exxon Mobil. "Rising sea levels, increasing temperatures and precipitation, and the likelihood of more frequent and intense flooding threaten our neighborhoods and infrastructure while exacerbating many underlying social inequities".
"We are going after those who have profited", the mayor said.
New York City has sued a handful of the world's largest oil producers in federal court, claiming they're the world's largest industrial contributors to climate change.
In a blogpost, ExxonMobil vice president of public and government affairs Suzanne McCarron said that the company is committed to tackling climate change and has invested US$8bn since 2000 on energy efficiency and emissions reduction.
Greenpeace USA's Executive Director Annie Leonard also commented: "New York City's impressive leadership makes me hopeful for the future, and the possibilities we have for addressing climate change from the city and state level". This is in line with many divestment efforts by many states and provinces all across the world, which is putting the fossil fuel industry in a tight spot.
ConocoPhillips declined to comment, and neither BP nor Shell could immediately be reached. San Francisco, Santa Cruz and Oakland have done the same.
"Reducing greenhouse gas emissions is a global issue that requires global engagement", Chevron said in a statement.
The decision came on the heels of the state of NY deciding to divest its pension fund from fossil fuels as well.
New York City is not the first in the United States to launch legal action against oil majors.
The peak body for the fossil fuel industry, American Petroleum Institute, also hit out at the plans. The wide ranging caseis investigating whether ExxonMobil misled investors about the impact of its operations on climate change. It also claims the companies were aware of their impacts on climate and tried to obfuscate the truth.
Mayor Bill de Blasio, Comptroller Scott Stringer and other trustees of the city's USD189 Billion pension funds Wednesday announced a goal to divest City funds from fossil fuel reserve owners within five years.
De Blasio explicitly linked New York's actions to the plethora of lawsuits against the tobacco industry that led in 1997 to the largest corporate legal settlement in USA history: a $246 billion pay-out to all fifty states to fund medical care and smoking prevention programs. New York's attorney general, Eric Schneiderman, is investigating Exxon over this alleged deception.
"Safeguarding the retirement of our city's police officers, teachers, firefighters and city workers is our top priority, and we believe that their financial future is linked to the sustainability of the planet", Stringer said in the city of New York's January 10 announcement. API likely realizes that when it comes time to pay the bill for climate change, many will ask oil companies and other major polluters to cover the cost, which is probably not the solution Gerard is looking for. A "playbook" by one of the individuals is said to underlie a lawsuit initially brought in 2015 that is led by the attorneys general (AG) of NY and MA.
WWE star John Cena announced today that he will host the Nickelodeon Kids Choice Awards for a second consecutive year. In addition to that, he will be executive producing a game show series, " Keep It Spotless ".
Since then, Zuckerberg has made it a priority to clean up the platform and make it a better environment for Facebook's users. He said he had rethought the way he views his and Facebook's legacy, even if it will cost the company in the short term.
Fans interested in receiving the latest information on attending games in London should register at www.ticketmaster.com/nfl. Teams don't like giving up home games, but the ones that are most vulnerable are the ones that have trouble selling tickets.
The first tremor jolted Soomar city in Kermanshah province, followed by two aftershocks of 5.4-magnitude and 5-magnitude. A magnitude 7.3 natural disaster in the same area in mid-November killed at least 530 and injured more than 8000.
It could be an incredible story for these players; they could be Canada's heroes in this tournament and in this Olympics. Leggio is also a former Buffalo Sabres' prospect and spent five years in the AHL with a few teams from 2010 to 2015.
Police raids on exchanges also follow earlier statements from regulators that they may tax capital gains from crypto trading. Any cryptocurrency ban would need a majority vote from the National Assembly, which could take months or years, Reuters said.
On Ivanov's profile page, it says that Redux achieved a "successful exit" in August 2017, but it does not state the buyer. Google ( GOOG , GOOGL ) acquired a United Kingdom speaker tech startup late a year ago for undisclosed terms.
The most recent suit comes from James Damore , the fired author of a sexist memo circulated around the company a year ago . All this is happening while Google is fighting back claims that women at the company have been systematically underpaid.
For quick unlocking, the device comes with a one-touch fingerprint sensor that's integrated onto the metallic back panel. Talking about the smartphones, the Sony Xperia XA2 and Xperia XA2 Ultra differ in terms of some of the specifications.
A United Nations panel ruled in 2016 that he was being "arbitrarily detained" and should be allowed to walk free. Assange was also charged with sexual assault crimes in Sweden, but those charges were dropped in May 2017.
She said it's still unclear whether FDA is intensifying testing of US and imported products in the wake of Canada's findings. Consumer Reports recommended that consumers avoid romaine lettuce until the outbreak cause was determined.
Those things - and the GoPro name - helped put Karma into second place in its price band in 2017 behind category leader DJI . The latest job cuts will reduce GoPro's workforce to less than 1,000, down from about 1,500 at the end of 2016.
Tonya Harding's estranged mother disputes I, Tonya portrayal
I was at the national [figure skating] championships this week so I didn't watch the Golden Globes ", Kerrigan told the Globe . Educated white people who go to arthouse movies have been trained to think twice before they start "othering" black people.
Eric Staal will represent Wild in NHL All-Star Game
The league on Wednesday announced the full All-Star rosters as selected by the NHL's hockey operations department. Burns had a combined 151 points the last two seasons, including 76 last season, a team record for a defenseman.
Serena says motherhood may make her better player
She said that while she was pleased with her recovery and her progress, she was "not where I personally want to be". She says now that she has her daughter, she doesn't need titles and money. "That's a different feeling for me".
People familiar with deal: Mets, Bruce agree at $39M, 3 yrs
NY began the year with great expectations that were quickly derailed by long-term injuries to Syndergaard, Cespedes and others. If the Mets are okay having Asdrubal Cabrera play third base, as I personally am, then the focus should be second base.
Second ODI: Rain breaks Pakistan's resolve in Nelson
The home side had earlier won the opening ODI in Wellington by 61 runs and will now face the Pakistanis on Saturday at Dunedin. After rains played the spoilsport and delayed the play for more than two hours, the target was revised to 151 off 25 overs.