Market
Will Honolulu win the climate lawsuit against oil companies by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
State court ruling or official court documents
Story
Supreme Court Allows Honolulu to Seek Billions from Sunoco, Shell, ExxonMobil, Chevron, BP in Climate Lawsuit
Jan 13, 2025, 02:55 PM
The U.S. Supreme Court has declined to hear appeals from oil companies, allowing a climate change lawsuit brought by Honolulu to proceed in state court. The lawsuit, which seeks billions of dollars and aims to hold oil and gas companies like Sunoco, Shell, ExxonMobil, Chevron, and BP accountable for allegedly concealing and misrepresenting the climate-change impacts of their fossil fuel products, was initially filed in Hawaii state court. The oil companies had sought to have the case moved to federal court, arguing that federal law should preempt the state's claims. However, the Hawaii Supreme Court previously ruled that the lawsuit could move forward, focusing on the companies' marketing practices rather than emissions regulation. This decision by the U.S. Supreme Court clears the way for Honolulu to pursue its claims, which include allegations of creating a public nuisance and failing to warn the public about the risks posed by fossil fuels.
View original story
Similar markets
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Settlement reached • 25%
Case dismissed • 25%
Honolulu wins • 25%
Oil companies win • 25%
Settlement reached • 25%
Honolulu wins • 25%
Sunoco and Shell win • 25%
Case dismissed • 25%
Yes • 50%
No • 50%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $5 billion • 25%
More than $5 billion • 25%
Less than $1 billion • 25%
$1 billion to $5 billion • 25%
No damages awarded • 25%
More than $5 billion • 25%
Yes • 50%
No • 50%
Seek settlement • 25%
Appeal to higher court • 25%
Request case dismissal • 25%
No change • 25%
1 to 3 • 25%
More than 6 • 25%
None • 25%
4 to 6 • 25%