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In a landmark decision issued on 13 June 2022, the US Supreme Court (“SCOTUS”), America’s highest court, ruled that the scope of Section 1782 of…
Oil companies don’t deserve reparations for fossil fuel bans. They’ll still want them Phasing out fossil fuel is a crucial step to address the climate emergency. But to do so will mean facing not only political and economic obstacles, but legal ones. Fossil fuel companies can use domestic and international laws to demand compensation for bans on fossil fuels or prohibitions on the extraction of oil or coal. The legal system can make our collective transition to a green economy easier, or more difficult; among other things, it can increase the bill we pay for a healthy environment. Like bi...
This legal question becomes especially serious because companies like Shell and Exxon-Mobil can bring cases to a jurisdiction that they contributed to creating in the first place â a forum specially fit for their purposes. In the late 1950s, Shell and other oil firms were concerned about maintaining control of the global southâs natural resources. Decolonization was a risk to their business model. They were also worried that governments in both south and north were taking a more active role in the economy. The lawyers of oil firms and international bankers joined forces to imagine a...