New potential risk factors for non-green businesses

Several major cities in the United States including Baltimore, New York City, and Oakland are suing oil companies like ExxonMobil, Shell, and BP over misleading information on climate change in the past. The cases are currently making their way through court systems.

  • This could potentially bring up new climate-related risks for polluting companies in the form of litigation risk for past and present practices
  • The cities are seeking payment for damages

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