Could companies be made to pay for stoking climate change?

The world’s top 90 fossil fuel producers, including Chevron and ExxonMobil, have caused half of global temperature increases since 1880, researchers said, potentially enabling people who have been harmed by climate change to sue for damages.

The study in the journal Climatic Change is the first to assess climate change emissions by private and state-owned oil, gas and cement companies, rather than countries, amid debate over who should pay for the impacts of climate change.

“Companies knowingly violated the most basic moral principle of ‘do no harm’, and now they must remedy the harm they caused by paying damages and their proportion of adaptation costs,” said the University of Oxford’s Henry Shue.

Shakedown.

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