Municipalities Suing Energy Companies Could Get Burned By Their Own Lawyers
The municipalities suing energy companies for the effects of climate change may ultimately see only a “pittance” of any potential reward or settlement from their suits, according to a new report by the American Tort Reform Association (ATRA). The report warns that the rest of the money would be sucked up by the trial lawyers representing the municipalities in their lawsuits.
Citing the climate liability lawsuits and the attorneys who are driving them, ATRA outlines how this litigation is motivated by a desire for big-dollar awards and settlements, rather than rectifying the purported public nuisance. The report also suggests the litigation is a distraction from real solutions, with real consequences for taxpayers and employers alike.
We break down the key findings of the report at EID Climate.