{"id":89059,"date":"2025-01-17T00:00:00","date_gmt":"2025-01-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/scotus-rejects-oil-giants-bid-to-block-climate-lawsuit\/"},"modified":"2025-01-17T00:00:00","modified_gmt":"2025-01-17T00:00:00","slug":"scotus-rejects-oil-giants-bid-to-block-climate-lawsuit","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2025\/01\/17\/scotus-rejects-oil-giants-bid-to-block-climate-lawsuit\/","title":{"rendered":"SCOTUS rejects oil giants\u2019 bid to block climate lawsuit"},"content":{"rendered":"

SCOTUS<\/strong> declines to hear oil major\u2019s climate case appeal:<\/strong> The US Supreme Court (SCOTUS) rejected an appeal by oil giants, including Sunoco, ExxonMobil, BP, and Chevron, seeking to dismiss a climate lawsuit by Honolulu, Reuters<\/a> reported on Monday. The decision upholds the Hawaii Supreme Court ruling to allow the 2020 lawsuit to proceed in the state courts. <\/p>\n

The case: <\/strong>The city accuses the companies of knowingly misleading the public about the environmental dangers of their fossil fuel products. It also argues that heatwaves have strained its electrical grid and that rising sea levels will require retrofitting critical infrastructure like wastewater treatment plants at high costs. However, oil companies made a technical argument that the lawsuits overstep state jurisdiction, with such issues falling under federal purview. They also accused local officials of threatening energy security. <\/p>\n

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Germany\u2019s <\/strong>AfD takes a page out of <\/strong>Trump\u2019s book<\/a><\/strong>, vows to take down wind turbines: <\/strong>Germany\u2019s far-right Alternative f\u00fcr Deutschland (AfD) party \u2014 now second in German polls ahead of 23 February elections \u2014 would \u201ctear down all wind turbines,\u201d should it come into power, Chairwoman Alice Weidel said at a party convention, Bloomberg<\/a> reported on Monday. Weidel later tried to backtrack on her comments, but AfD\u2019s official election platform still outrightly \u201crejects the further expansion of wind energy\u201d and calls for slashes in renewable subsidies. <\/p>\n

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China\u2019s Zijin<\/strong> Mining Group is eyeing shares in Chinese Zangge Mining<\/strong>, potentially <\/strong>leading to a takeover, <\/strong>Bloomberg<\/a> reported on Friday, citing a Hong Kong Exchange announcement<\/a>. Zangge \u2013 mainly a potash producer \u2013 is valued at USD 6.4 bn with one-third of its revenues coming from lithium extracted from salt lakes in Qinghai. <\/p>\n

Zijin has global lithium ambitions: <\/strong>Zijin \u2014 a major global producer of Copper and Gold \u2014 wants to become a global Lithium powerhouse and has aggressively pursued acquisitions over the last decade. The company\u2019s most recent high-profile global takeover \u2014 the Monano Project in the Democratic Republic of the Congo \u2014 is planned to begin operations<\/a> in 1Q 2026.<\/p>\n

OTHER STORIES WORTH KNOWING ABOUT THIS WEEK-<\/strong><\/p>\n