NJBIA Statement on NJ Lawsuit Against Oil and Gas Companies

NJBIA Statement on NJ Lawsuit Against Oil and Gas Companies
NJBIA Deputy Chief of Government Affairs Officer Ray Cantor issued the following statement regarding an announcement today by the state Attorney General, Division of Consumer Affairs and Department of Environmental Protection of a lawsuit against five oil and gas companies and a petroleum trade association alleging deception to the public regarding the existence of climate change.

“At a time when gas prices are once again on the rise and America’s energy security is of the utmost concern, it is unsettling that the state has decided to pursue this litigation. Energy is essential to our modern economy and our way of life. Reliable, affordable energy runs our factories, heats and cools our homes, and powers our transportation sector.

“Climate change is an important issue, but remedies require a unified national and international approach coupled with technological advancements from our business and manufacturing communities. This lawsuit improperly casts blame at a time when we should be focused on collaboration and will only harm New Jersey consumers in the long run.”

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