NYC Sues 5 Oil Companies Over Climate Change

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Published Jan. 10, 2018 12:31PM EST

REUTERS/Stephanie Keith

New York City is seeking billions of dollars in a federal suit against five oil companies over claims that they have majorly contributed to global warming. Mayor Bill de Blasio said the suit looks to recover money spent by the city, and the defendants include ConocoPhillips, BP, Exxon Mobil and Royal Dutch Shell. De Blasio and Comptroller Scott Stringer also on Wednesday announced that the city will divest $5 billion in fossil fuel investments.

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NYC Sues 5 Oil Companies Over Climate Change

REUTERS/Stephanie Keith