New York City sues oil companies for climate change

12 January, 2018, 03:38 | Author: Martin Tyler
  • NYC PAPERS OUT. Social media use restricted to low res file max 184 x 128 pixels and 72 dpi

The city will seek billions in damages to cover infrastructure improvements needed to protect New Yorkers from the increasing effects of climate change. "Reducing greenhouse gas emissions is a global issue that requires global engagement".

ACCF cited a recent survey from the Spectrem Group, which found that 66 percent of NY retirement system members want managers to focus on maximizing returns and returning the city to fully funded status.

Kenneth P. Cohen, a representative for Exxon, flatly denied suppressing climate change research. "The temperature in the City is rapidly increasing, sea levels are rapidly rising, coastal storms are causing increased flooding, and extreme precipitation events are increasing throughout the Northeastern United States". "We all learned in kindergarten that when you make a mess, you apologize and help clean it up", says Ken Adams, coordinating counsel for the Center for Climate Integrity, in a statement. De Blasio claims that this would be the largest divestment of its kind, though other cities, including Washington, D.C. and Berlin, have already announced divestment plans. Suspending the growth of gas-fired generation capacity could indeed lead to serious problems with energy supply in NY and New England. "In the absence of leadership from the White House, it's encouraging to see city and state leaders like Mayor de Blasio stepping up and taking meaningful action to defund the fossil fuel industry and fight climate change". And what a frightful, disgusting way to profit - the way it puts so many people's lives in danger. The Guardian also reported that two California counties are suing 37 fossil fuel companies for their alleged involvement in emitting greenhouse gases.

Seth Meyers Nailed His Golden Globes Monologue
Host Seth Meyers said "Hollywood Foreign Press" sounds like three words created to infuriate Donald Trump . He joked that producers asked a woman to host the show."They really did".

As for the lack of heat and hot water, the mayor said, rather airily: "The folks who work at NYCHA are trying to hold something together...that really should've gotten investment a long time ago". "It's time that things change in the way we do business".

The Mayor also announced a goal to divest City funds from fossil fuel reserve owners within five years that would make New York City the first major USA pension plan to do so.

"We're using this moment to send a message to the world", New York Comptroller Scott Stringer said.

Gerrit Cole trade to the Houston Astros is 'imminent'
Cole, though, would give the Yankees a more proven arm, though one that doesn't come without some concern. The Yankees had been in trade talks with the Pirates about Cole for several weeks.

"This is one of a handful of the most important moments in the 30-year fight against climate change", said Bill McKibben, the 350.org activist and Nation contributor, who joined de Blasio in addressing the press conference.

Well, we happen to think - and does anyone really doubt it? - that he is clearing the decks for a presidential run on a sharply leftist progressive platform he believes will attract enough voters in November 2020 for a Democratic victory. The mayor told reporters, "I just don't buy the notion that in the 21 century if you leave the boundaries of the five boroughs the government ceases to work".

Even the head of the oil and gas industry's largest lobbying group publicly says that climate change is real and he wants to discuss solutions.

NAACP Wants Fans To Wave White Towels At College Football Title Game
A heavy Secret Service presence preempted President Trump's arrival, significantly slowing down a normally brisk security process. Trump has recently criticized Atlanta as "horrible" and "crime infested".

"Government pension managers have a responsibility by law to seek the greatest return for their investors, and pensions that invest in oil and natural gas companies have delivered a stronger return than other investments".

Recommended:



Popular

Trump skips parts of national anthem at football game
But when the National Anthem began to play, several social media users noticed Trump was struggling to get through the words. But as we approach midterm elections and Republicans try to court black voters, Trump may have to tread carefully.

Sony Xperia XA2 vs XA2 Ultra: What's the difference?
The Sony Xperia XA2 Ultra boasts a familiar Sony design, which isn't the most exciting out there, but it is at least functional. Around the front of the standard Xperia XA2, you get an 8-megapixel super-wide-angle lens that can capture 120-degree images.

Hands-on with the Lenovo Mirage Solo and Camera with Daydream
The Mirage Solo includes a wireless Daydream controller and will start at $449.99 when it ships in the second quarter. Unlike the latter, the headset isn't front-heavy and has been created to distribute the weight evenly all throughout.

Razer's Project Linda is a Razer Phone-powered 13-inch laptop hybrid
What do you think of Razer's Project Linda laptop/phone hybrid? Hit up the project's official web page for more information. The Razer Phone goes right up front and is installed where the trackpad would normally be on a laptop.

Wenger hints at Jonny Evans interest; admits midfielder exit possible
Asked about interest in Evans , the Frenchman said in a press conference: " Nothing to say ". When solicitations happen, you respond to it.

Meghan Markle's Twitter and Instagram Accounts Are No More
Instead, they use accounts like Kensington Royal to post updates about official engagements, birthdays, and other special events. Meghan Markle and Prince Harry arrive for their visit to Reprezent FM , a radio station and youth training program.

Samsung Q4 operating profit grows more than 63%
Revenue was estimated to have increased 24 percent to 66 trillion won, against analysts' average forecast of 66.8 trillion won. The company did not provide details for business divisions.

CES 2018: All-Electric Kia Niro On the Way!
The automaker will introduce connected auto technologies across every vehicle segment by 2025, and on all models by 2030. The biggest change is at the front where the traditional grille has been replaced by a smooth interactive display panel.

Gas prices steady, poised for seasonal decline
In Massachusetts, it's still 19 cents higher than at this time previous year , when prices were averaging $2.29. Oil has surpassed $62 a barrel for the first time since December 2013 due to oil supply tightening up.

HTC announces Vive Pro headset, wireless Vive adaptor
That's particularly the case for high-end VR systems like the Vive or rival Oculus Rift , a headset from Facebook's Oculus unit. It runs in the 60GHz band to cut down on potential interference and uses Intel's WiGig specifications.