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Supreme Court takes up Exxon, Suncor challenge to climate lawsuits

Original: Supreme Court takes up Exxon, Suncor challenge to climate lawsuits (XLE:NYSEARCA)

The US Supreme Court has agreed to hear ExxonMobil and Suncor's challenge to climate change lawsuits filed against them by cities and counties seeking damages for climate-related costs. The oil companies argue the cases belong in federal court, not state courts. A ruling could shape whether dozens of similar climate liability suits across the country proceed.

Why now: The Supreme Court's decision to hear the case could determine the fate of numerous climate liability lawsuits against major oil companies.

US Supreme CourtExxonMobilSuncor Energy

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