California Sues Oil Giants for Allegedly Misleading Public About Climate Change Risks
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California has sued 5 major oil companies alleging they deceived the public about climate change risks caused by fossil fuels. The companies are Exxon Mobil, Shell, Chevron, ConocoPhillips, and BP.
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The lawsuit alleges the companies knew since the 1950s that burning fossil fuels causes global warming but denied and downplayed the risks.
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California alleges it has spent tens of billions addressing climate change impacts and will have to spend more due to the oil companies' actions.
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The lawsuit seeks to create a fund to finance climate efforts in California and stop the companies from making false statements.
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California officials accuse the companies of lying for over 50 years about the climate risks of fossil fuels, forcing the state to pay billions in damages.