NEW YORK — New York City is taking on the oil industry on two fronts, announcing a lawsuit Wednesday that blames the top five oil companies for contributing to global warming and saying the city will sell off billions in fossil fuel investments from the city’s pension funds. Democratic Mayor Bill de Blasio received immediate blowback from some of the companies, while winning praise from environmentalists and others. “We’re bringing the fight against climate change straight to the fossil fuel companies that knew about its effects and intentionally misled the public to protect their profits,” the mayor said.
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FRANK ELTMAN - Associated Press, Portland Press Herald
Wed, 01/10/2018 - 4:13pm
Sections: u.s.
Topics: Maine Cumberland County Portland
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