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California Cities' Shakedown of Oil Industry Wrought With Fraud
Canada Free Press ^ | 01/12/18 | Katy Grimes

Posted on 01/12/2018 12:24:04 PM PST by Sean_Anthony

California has sued the auto industry, utility companies, energy-producing businesses such as oil companies, and Republican Presidential administrations

Environmentalists claim global warming can be mitigated, but only if humans are forced to reduce greenhouse gas emissions. This pseudo-science is what California’s leftist politicians have adopted to control human activity, and the unelected bureaucrats at the California Air Resources Board based its cap-and-trade carbon auction program on.

Now, seven California municipalities—four cities and three counties—are suing Exxon Mobil Corp. and other major oil producers to force those companies to cover the costs and hold fossil-fuel companies responsible for climate-change costs of sea walls and other coastal infrastructure projects, the Wall Street Journal reported earlier this week in “California Municipalities’ Debt Disclosures Contrast With Climate Warnings.”


TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: california; fraud; oilindustry; shakedown

1 posted on 01/12/2018 12:24:05 PM PST by Sean_Anthony
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To: Sean_Anthony

Global warming/ climate is being shown for what it is, a shakedown of business and taxpayers. New York and California are growing impatient with their overbearing pension and immigration problems so they are doing what they can to get their shakedown of business.


2 posted on 01/12/2018 12:29:19 PM PST by usual suspect
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To: usual suspect

simple solution for the oil companies. California and New York will be shocked when you can no longer buy petroleum products in those states because the oil companies will stop shipping to and stop producing there.


3 posted on 01/12/2018 12:47:47 PM PST by rednek (.45 acp........a lot like 9mm.......except for adults.)
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To: Sean_Anthony; All
It is interesting that some of these places are “overlooking” warning potential investors about (politically correct) global warming problems.
Big Oil throws California’s climate change hypocrisy back in its face

4 posted on 01/12/2018 12:57:28 PM PST by Amendment10
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To: rednek

and everyone must take public transportation... great idea... i wonder where those electric buses will recharge.


5 posted on 01/12/2018 12:57:55 PM PST by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world.)
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To: Sean_Anthony

Move all CA-based oil industry to TX where it is loved and where it belongs.


6 posted on 01/12/2018 3:08:01 PM PST by 353FMG
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To: Sean_Anthony

Oil prices are going up steadily.


7 posted on 01/12/2018 5:14:23 PM PST by familyop ("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
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