Elliott Negin writes: Rhode Island Sen. Sheldon Whitehouse created a stir recently when he speculated that fossil fuel companies may be violating federal racketeering law by colluding to defraud the public about the threat posed by carbon pollution.
Whitehouse likened their actions to those of the tobacco companies that conspired to manufacture doubt about the link between smoking and disease when they were all too aware of it. In 2006, a federal district court ruled that the tobacco industry’s deceptive campaign to maximize its profits by hoodwinking the public amounted to a racketeering enterprise.
Whitehouse may be among the first to suggest that the fossil fuel industry is flouting the Racketeer Influenced and Corrupt Organizations Act (RICO), but he’s not the first to point out the parallels between the tobacco industry’s fraudulent campaign and the fossil fuel industry’s efforts to quash government action on climate change. [Continue reading…]