This week, California Attorney General Rob Bonta filed an amended complaint in the state’s climate lawsuit doubling down on greenwashing allegations and appealing to a new state law that gives the attorney general a backdoor to seek damages in the form of oil companies’ profits without even attempting to show harm to California consumers.
Facing a “multibillion-dollar budget deficit” that leaves the state unable to maintain even its own climate change programs, California is trying every trick in the book to siphon off oil and natural gas companies’ profits.
California is currently trying to set an arbitrary price cap on refiners’ profits to combat alleged price gouging, despite no evidence of the behavior. The state is also considering a climate superfund bill that would tax oil companies on a pro rata basis for climate damages (sound familiar?).
If that’s not enough, this week California AG Bonta filed an amended complaint in the state’s climate lawsuit against oil and natural gas companies seeking disgorgement of companies’ profits without any real burden of proof.
Read the full story at EIDclimate.org.
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