#California is giving a good example here.

First you fine #BigOil for lying for decades, and for corrupting scientists and for lobbying politicians to act as echo chambers of their #ClimateChange lies.

Then you create a fund (paid by the oil companies, but owned and controlled by the government) that will be used to pay for any future climate disasters in the state.

That is important: the companies shouldn't have a say on how their money should be invested to undo their damage. They've had plenty of occasions, and they've failed each single one of them.

They've gaslighted us for years with their afforestation projects that don't actually plant any new vegetation, their carbon capture bullshit technology that is always one decade away, their "oil from crops" bullshit accompanied by calculation about net emissions that are akin to those of a financial speculator trying to cheat the accounting books. Now it's time for some external grown ups to take over their strategy - while those companies keep paying for it.

Those who have pushed our planet to pass all the tipping points, while downplaying their harm, must be accountable for their actions. Even if that means bankrupting them.

That's a radically different approach compared to the one taken by the Netherlands and the UK, who have both been courting Shell to keep their operations in the countries, they haven't even had the balls to stop their gas extraction and exploration activities in the North Sea and Groningen area, and they've both been funding Shell's ridiculous greenwashing projects amid fears that they would move their business elsewhere otherwise.

If we don't want our children to point the finger at us for destroying the planet, the time to hit the shit out of oil companies is now.

https://www.nytimes.com/2023/09/15/business/california-oil-lawsuit-newsom.html