Michigan accuses big oil of being ‘cartel’ that fuels climate crisis and high energy costs
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Michigan has sued major oil companies BP, Shell, Chevron, and ExxonMobil, along with the American Petroleum Institute, accusing them of acting as a "cartel" to suppress renewable energy and electric vehicle adoption. Filed by Attorney General Dana Nessel, the lawsuit alleges that this collusion violates antitrust laws, leading to increased utility costs and hindering the transition to cleaner transportation in Michigan. The state argues that the companies prioritized profits over competition, contributing to rising energy costs and slow EV adoption. The oil companies and API deny the allegations, calling the lawsuit baseless and legally incoherent, arguing that energy policy should be decided by Congress. They maintain that the industry is actively working to reduce emissions.
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