US researchers link BHP, Rio Tinto, Santos, Whitehaven Coal and Woodside Energy to specific climate harms over three decades
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Five of Australia’s biggest fossil fuel producers could be on the hook for hundreds of billions of dollars in damages after a US research team developed a method to link individual companies to specific climate harms and put a dollar figure to the impact.
This is the result of a new peer-review study published in the journal Nature that sought to establish a method that would allow courts to quantify the economic loss caused by fossil fuel producers for one kind of climate impact – extreme heat.
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