Some believe that “Big Oil” should be held financially accountable for climate-related disasters, such as California’s wildfires. Their rationale? Major oil and gas companies are profitable and have contributed significantly to atmospheric carbon emissions. A recent press release—“Chevron & Exxon could easily cover LA wildfire damages”—claimed that “mega-rich oil firms like Chevron and Exxon are knowingly driving and profiting from the climate crisis.” Two California lawmakers have…
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