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Climate Beat

Litigation: NAM seeks SEC probe of municipalities that filed climate suits

April 12, 2018
The National Association of Manufacturers (NAM) is urging the Securities & Exchange Commission (SEC) to investigate “potential wrongdoing” by eight California municipalities and New York City in their municipal bond offerings, charging that the offerings claim that future climate change impacts are virtually impossible to predict even though they cite specific harmful climate damages in pending climate nuisance lawsuits against energy companies. “Over the course of our work advocating for manufacturers in America, we have seen several examples of municipalities...

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