Puerto Rico files $1 billion suit against fossil fuel companies
Puerto Rico files $1 billion suit against fossil fuel companies
Oil and gas giants face another lawsuit over their role in climate disasters.
Only 1 billion? I think they have caused way more than that in damages.
I was gonna say, $1B for the damage they've caused spreading disinformation alone is a bargain.
The only way to damage the big companies is with proportional fines.
You destroy the environment? 50% of your income gained in every country goes to those countries. I don't know why this isn't being advocated anywhere because measuring income is easy, the company has to do taxes and if they don't, 75% fine with the profits correctly calculated.
Just bleed them dry.
Because its much more profitable for the lawmakers to pocket a 150 million donation and leave the law alone.
Hope they win. BP alone has $206.042B in revenue just within the last year. It's going to take a lot of lawsuits to even make a dent, but you gotta start somewhere.
Puerto Rico has to be one of the worst victims of the industry with also the least recourse due to a lack of statehood