[Ed. – An enduring point about many “climate” lawsuits.]
Cities and states are suing energy companies in a desperate attempt to erase their poor spending choices. Local officials argue oil and gas companies contribute to climate change and must be held accountable, but beneath this façade, leftist politicians are trying to win the lawsuit lottery to stave off fiscal insolvency.
Government officials keep pursuing these suits because they can’t figure out how to fix the budget deficits they have created. Suing big corporations in friendly jurisdictions is an escape hatch to avoid the repercussions of decades of wasteful spending. …
Horace Cooper, a senior fellow with the National Center for Public Policy Research … :
“It seems the left hand isn’t watching what the far-left hand is up to. San Mateo County, California, for example, claims in its lawsuit against the energy industry that there’s a 93% risk of a devastating climate-change-related flood by 2050. Yet its municipal bond offering to potential investors dismissively notes that it’s ‘unable to predict whether sea-level rise or other impacts of climate change or flooding from a major storm will occur.’”