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Oil Majors Ask U.S. Judge to Toss New York City Climate Lawsuit
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14 Jun 2018 01:19 AM EST

On Wednesday Reuters reported that lawyers for major oil companies have urged a federal judge to throw out a lawsuit filed by New York City, seeking to hold them financially liable for damages caused by global warming. Chevron Corp, said that the lawsuit was an attempt to hold the oil companies liable for carbon emissions all over the world since the industrial revolution. The city recently announced that it intended to divest fossil fuel investments from its $189 billion public pension funds over the next five years.

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