Historic lawsuit coming against Big Oil

admin · 07-24-2013, 01:34 AM

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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07-24-2013, 01:34 AM	#1
admin Site Admin Join Date: Mar 2007 Location: New Orleans Posts: 11,971 Blog Entries: 2	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 ] [ Subscribe to the comments on this story ]