More Than Two Dozen Major Lawsuits Are Putting a Price Tag on the Climate Damage Caused by Fossil Fuel Companies

Four years ago, Boulder, Colorado, sued ExxonMobil and Suncor Energy—owner of the only oil refinery in the state—for climate change-related damages and adaptation expenses. Boulder and its co-plaintiffs, Boulder County and San Miguel County, home to Telluride, estimated the damage caused by extreme weather events would cost them more than $100 million by 2050. As it turns out, they overestimated the time span—and underestimated[Read More...]