financetom
Business
financetom
/
Business
/
Exxon, others should face climate claims by Puerto Rican towns, US judge says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exxon, others should face climate claims by Puerto Rican towns, US judge says
Feb 21, 2025 7:02 PM

Feb 21 (Reuters) - A U.S. judge said Thursday that Exxon

, Chevron ( CVX ), Shell and six other oil

companies should face part of a lawsuit in Puerto Rico accusing

them of misleading the public about climate change and

conspiring to suppress clean energy alternatives.

The preliminary ruling by U.S. Magistrate Judge Héctor

Ramos-Vega in San Juan said that a group of Puerto Rican towns

provided enough information for now to pursue antitrust and

racketeering claims against Exxon and the other companies.

Ramos-Vega recommended dismissing consumer deception,

fraud and other state claims from the lawsuit. A federal

district court judge will consider whether to adopt all or part

of Ramos-Vega's ruling.

The municipalities alleged in their 2022 lawsuit that the

oil companies formed a coalition used to fund a marketing

campaign to deny climate change and worked together to undermine

alternative energy sources. The lawsuit seeks damages tied to

the destruction caused to Puerto Rico by Hurricanes Irma and

Maria in 2017.

The decision is a "major victory for climate accountability"

that sets the lawsuit on track for a trial, said Marc Grossman

of law firm Milberg Coleman Bryson Phillips Grossman, a lawyer

for the 37 Puerto Rican municipal plaintiffs.

In a statement, a lawyer for Chevron ( CVX ) said the lawsuit "is

virtually identical to others which have been dismissed by

numerous federal and state courts across the country."

Representatives for Exxon and Shell did not immediately

respond to requests for comment. The oil companies have denied

any wrongdoing.

In seeking dismissal of the lawsuit, the oil companies said

the complaint was "premised on the breathtaking notion that

defendants may be held liable for all carbon emissions,

everywhere and at any time."

Dozens of U.S. state and local municipalities have sued oil

companies to seek monetary damages for their alleged role of

contributing to climate change.

Last month, the U.S. Supreme Court declined a bid from major

oil companies to stop a lawsuit by Honolulu accusing them of

misleading the public about the dangers of climate change.

In a separate decision last month, a state judge dismissed

New York City's lawsuit accusing Exxon and other companies of

duping the public about their products.

The case is The Municipalities of Bayamon et al. v. Exxon

Mobil Corp. ( XOM ) et al., U.S. District Court for the District of

Puerto Rico, case No. 3:22-cv-01550.

For the municipalities: Marc Grossman, Melissa Sims, and

Vicki Maniatis of Milberg Coleman Bryson Phillips Grossman

For Chevron ( CVX ): Theodore Boutrous Jr of Gibson, Dunn &

Crutcher, and Neal Manne of Susman Godfrey

For Exxon: Theodore Wells Jr of Paul, Weiss, Rifkind,

Wharton & Garrison

For Shell: David Frederick of Kellogg, Hansen, Todd, Figel &

Frederick

Read more:

New York City lawsuit against Exxon, BP, Shell over climate

change dismissed

US Supreme Court rejects bid by oil companies to toss

Honolulu's climate suit

Consumers sue Exxon, Dow, others over plastic recycling

claims

Puerto Rican towns sue Big Oil under RICO alleging collusion

on climate denial

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GlobalFoundries finance chief John Hollister departs, Sam Franklin named interim CFO
GlobalFoundries finance chief John Hollister departs, Sam Franklin named interim CFO
Oct 27, 2025
(Reuters) -GlobalFoundries' ( GFS ) John Hollister has stepped down from the CFO position and will be succeeded by Sam Franklin on an interim basis, the contract chipmaker said on Monday. The management reshuffle comes at a time when the company has pledged to invest $16 billion partly towards building more manufacturing facilities on American soil amid U.S. President Donald...
GlobalFoundries finance chief John Hollister departs, Sam Franklin named interim CFO
GlobalFoundries finance chief John Hollister departs, Sam Franklin named interim CFO
Oct 27, 2025
Oct 27 (Reuters) - GlobalFoundries' ( GFS ) John Hollister has stepped down from the CFO position and will be succeeded by Sam Franklin on an interim basis, the contract chipmaker said on Monday. The management reshuffle comes at a time when the company has pledged to invest $16 billion partly towards building more manufacturing facilities on American soil amid...
Stock exchange operator TMX's Q3 revenue beats estimates on strong derivatives trading
Stock exchange operator TMX's Q3 revenue beats estimates on strong derivatives trading
Oct 27, 2025
Overview * TMX Group ( TMXXF ) Q3 revenue rises 18% yr/yr, beating analyst expectations * Adjusted EPS for Q3 beats consensus, reflecting strong operational performance * TMX Group ( TMXXF ) completes acquisition of Verity Outlook * TMX Group ( TMXXF ) focuses on accelerating growth and delivering shareholder value in 2025 * Company highlights strategic focus on global...
Australia's CSL delays vaccine division spin-off amid US market volatility
Australia's CSL delays vaccine division spin-off amid US market volatility
Oct 27, 2025
Oct 28 (Reuters) - Australian biotech CSL said on Tuesday it was no longer targeting to complete the spin-off of its vaccine division in fiscal 2026, citing heightened volatility in the U.S. influenza vaccine market. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved