Corporate Greed

 

A group of European companies is suing European governments because new climate change laws are cutting into their profits. To use an English phrase: The cheek!

Under normal circumstances, governments cannot be sued without their permission. The companies are using a legal process under international laws governing trade to ring the suit. They are fossil fuel companies TC Energy, RWE, Uniper, Rockhopper and Ascent Resources. They are collectively seeking $18 billion in individual suits.

Global Justice Now trade campaigner Jean Blaylock told Sky News: “Fossil fuel companies should be paying to fix the climate crisis they caused, but instead they want a payout.”

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