Historic lawsuit coming against Big Oil
 

The state board that oversees flood protection for southeast Louisiana will file a massive, historic lawsuit on Wednesday against several hundred oil and gas companies, seeking to make them pay the costs of restoring coastal wetlands that have been lost as a result of energy exploration and development in southeast Louisiana.


Gambit was given an advance copy of the suit, which alleges that a vast network of oil and gas canals carved out of southeast Louisiana?s marshes exposed all of southeast Louisiana to additional flood risks ? and much higher costs of flood protection ? because the canals, along with related oil and gas activities, caused or accelerated coastal land loss.? [ Read more ]

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