California is expanding its legal assault against five major oil companies by not only seeking climate change damages, but also targeting company profits related to false advertising and unfair competition laws. POLITICO’s Wes Venteicher breaks down the amended legal effort and why it has massive implications for the accused oil companies. Plus, Senate Majority Leader Chuck Schumer says he expects Republicans would try and repeal the Inflation Reduction Act if the GOP wins control of the White House and Congress in the November elections. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Wes Venteicher covers climate and energy energy news in California for POLITICO. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Annie Rees is a senior audio producer-host at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.
California is expanding its legal assault against five major oil companies by not only seeking climate change damages, but also targeting company profits related to false advertising and unfair competition laws. POLITICO’s Wes Venteicher breaks down the amended legal effort and why it has massive implications for the accused oil companies. Plus, Senate Majority Leader Chuck Schumer says he expects Republicans would try and repeal the Inflation Reduction Act if the GOP wins control of the White House and Congress in the November elections.
For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch
And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro:
https://subscriber.politicopro.com/newsletter-archive/morning-energy
Wes Venteicher covers climate and energy energy news in California for POLITICO.
Josh Siegel is an energy reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Annie Rees is a senior audio producer-host at POLITICO.
Gloria Gonzalez is the deputy energy editor for POLITICO.
Matt Daily is the energy editor for POLITICO.