Last Hurrah for de Blasio's Climate Shakedown, Prez Bid

Last Hurrah for de Blasio's Climate Shakedown, Prez Bid

This week may well mark the last hurrah for both a rumored run for the presidency by New York City Mayor Bill de Blasio and his high-profile lawsuit against five energy producers.

Last January, New York City joined several other municipalities in filing lawsuits against major energy companies BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell, attempting to hold them solely responsible not only for damages alleged to have occurred due to climate change but for damages yet to happen. It would have been a sweet double play for de Blasio: A potentially huge damages award would backfill his fiscal mismanagement problems while making him the hero of a powerful national environmental base from which he could springboard into a 2020 quest for the White House.

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