San Francisco. Oakland. Santa Cruz. Marin County. San Mateo County. Imperial Beach. And now New York City. What do they all have in common? As of today, they’ve all filed cutting edge lawsuits demanding that fossil fuel corporations pay for the costs of adapting to climate change. A thread that runs through each is one you’ve heard before – fossil fuel companies knew decades ago that climate change was real, knew that it was caused by human emissions, and knew that it could cause catastrophic damages – and then embarked on a campaign of deceit, denial, and doubt to slow global action to avoid the crisis we’re currently facing.
New York City is the first big city in America to sue AND divest from Big Oil. #DivestNY #stopfundingfossils pic.twitter.com/aziLx3HEnQ
— NYC Mayor's Office (@NYCMayorsOffice) January 10, 2018
The costs of the climate crisis are, indeed, staggering. 2017 was a record-breaking year in many ways, particularly for climate-change-fueled extreme weather. The National Oceanic and Atmospheric Administration puts the costs of hurricanes, wildfires, and other events at $306 billion – with $265 billion of that from hurricanes alone. Hurricanes that were made stronger by climate change.
NYC is the first big city in America to sue and divest from Big Oil. #stopfundingfossils pic.twitter.com/7aqjV3E46J
— Leonardo DiCaprio (@LeoDiCaprio) January 10, 2018
Who pays for these costs?
Right now, it’s ultimately the taxpayers. It’s a heavy burden, and one that is expected to stay in the hundreds of billions of dollars, every year. However, cities and counties are looking for ways to save lives, and protect their citizens from the financial burden these catastrophes pose. They are increasingly turning to the courts in a growing wave of climate litigation, demanding justice for climate damages and adaptation costs. They recognize that the impacts of climate change are already here, and that they are devastating for people’s economic futures. The NYC lawsuit demands billions of dollars from 5 major oil and gas companies to pay for infrastructure improvements. The Santa Cruz suit estimates that damages from sea level rise attributed to climate change are up to $2.15 billion. Oakland estimates are at $38 billion.
New York just became the largest US city to sue Big Oil and divest from fossil fuels. This is just the beginning. If the climate movement can make it here, it can make it anywhere. https://t.co/iEdLXBMuVE
— 350 dot org (@350) January 10, 2018
Why are they asking fossil fuel companies for these damages?
Corporations that extracted, produced, and sold carbon products despite knowing the damage they could cause should pay their share of the costs to adapt to the climate crisis. The courts should deliver justice, and cities are asking them to do just that. It’s time for the narrative of ‘everyone is responsible for climate change, so everyone is equally responsible for fixing it’, to end. Fossil fuel corporations knew decades ago that this crisis was coming and we need to hold them to account.
Of course, those are just the monetary figures. It’s harder, if not impossible, to put a price on the human cost.
New York City’s suit is part of a global accountability movement. Late last year, a German court ruled that a Peruvian farmer’s suit against a German coal giant could go ahead, recognizing that a corporation could be held liable for its share of climate damages. In the Philippines, the Commission on Human Rights made a historical move by asserting its authority and jurisdiction to investigate human rights violations resulting from climate change in a national inquiry that involves 47 of the investor-owned major carbon producers.
This year Greenpeace will be doubling down our efforts to hold climate polluters accountable. We are encouraging people and communities in the US and around the world to follow New York City’s lead and take the fossil fuel industry to court.