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05.10.26 - 21:45
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Justices appear unconvinced of oil companies′ bid to quash climate suits (The Hill)
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Several Supreme Court Justices appeared skeptical Monday of a request from oil companies to preemptively block a climate change lawsuit that could hold them liable for climate damages. Many of the justices raised questions about the court's ability to even take up the case at this time. "A number of the discussions that you've had......
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05.10.26 - 17:42
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Supreme Court To Hear Pivotal Climate Case With Billions At Stake (ZeroHedge)
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Supreme Court To Hear Pivotal Climate Case With Billions At Stake
Authored by Kevin Stocklin via The Epoch Times,
The Supreme Court will hear oral arguments on Oct. 5 regarding a lawsuit from Boulder, Colorado, demanding compensation from energy companies for local weather damage allegedly caused by global greenhouse gas emissions.
The question before the court, however, is not whether global warming theories hold water. It's whether local courts throughout the United States should have the authority to extract billions of dollars from energy companies for damage allegedly caused by global emissions.
The energy companies argue that giving such power to local courts would allow municipalities to effectively impose a massive nationwide carbon tax with the potential to bankrupt the U.S. energy industry.
Experts say the court's decision in this case could have a dramatic impact, both on U.S. energy production and on what Americans pay for oil, gas, and electricity.
"It is actually bigger th...
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05.10.26 - 16:00
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US supreme court to hear big oil′s bid to block climate damage lawsuits (The Guardian)
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Court starts new term hearing Suncor Energy and ExxonMobil's attempt to stop lawsuits at state levelThe US supreme court begins its new nine-month term hearing arguments Monday in a high-stakes case in which big oil companies are attempting to strike a fatal blow against lawsuits that seek to hold them accountable for the climate crisis.In Suncor Energy versus the County Commissioners of Boulder County, local officials in Boulder are suing Suncor Energy and ExxonMobil in state court to force the companies to share a portion of the costs that climate change has imposed on local taxpayers. However, Exxon and Canada-based Suncor are arguing that federal law prevents state courts from hearing Boulder's climate change lawsuit. Continue reading......
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05.10.26 - 07:06
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Climate tech investment cools, but green supply chains support long-term demand (Digitimes)
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Tighter green supply-chain requirements are driving demand for energy investment and infrastructure, while companies also face the challenge of matching power generation and consumption needs with operating costs and net-zero goals. Although global venture capital markets have entered a correction in recent years and climate tech investment growth has slowed, industry players say sustainability remains a long-term business trend, despite short-term swings, such as geopolitics delaying net-zero timelines....
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04.10.26 - 18:48
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Supreme Court Opens Term With Climate Fight (Bloomberg)
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Bloomberg Supreme Court Reporter Greg Stohr is on Bloomberg This Weekend previewing a new term shaped by the court's growing emergency docket and a major climate case over whether Boulder, Colorado, can pursue state-law claims against oil companies. Speaking with hosts David Gura and Christina Ruffini, Stohr says Justice Samuel Alito's recusal creates the possibility of a 4-4 split and discusses renewed questions about Supreme Court ethics, potential changes to the court and Alito's eventual retirement. (Source: Bloomberg)...
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