Terminator star and former California Gov.
Schwarzenegger said he believes the oil industry has knowingly deteriorated the environment, which has resulted in adverse health effects for people - and he believes they should be held accountable for it.
"This is no different from the smoking issue", the 70-year-old star said. Schwarzenegger made the announcement on March 11 during a live recording of POLITICO's Off Message podcast, revealing he was now in talks with several private law firms to aid with the lawsuit.
Enbridge Energy Partners (EEP) Lowered to Sell at Zacks Investment Research
It increased, as 28 investors sold GPK shares while 79 reduced holdings. 10 funds opened positions while 61 raised stakes. Art Advisors Ltd Liability owns 0.02% invested in Enbridge Energy Management, L.L.C. (NYSE:EEQ) for 19,133 shares.
"I don't think there's any difference: If you walk into a room and you know you're going to kill someone, it's first degree murder", he said. "The tobacco industry knew for years and years and years and decades, that smoking would kill people, would harm people and create cancer, and were hiding that fact from the people and denied it", Schwarzenegger said.
The 1988 original was directed by Ivan Reitman and featured Schwarzenegger and DeVito as unlikely twins separated at birth, with DeVito's character becoming the more streetwise one and Schwarzenegger playing the naive, socially inexperienced brother. "I think it's the same thing with oil companies".
"We need to go an alternative route", he said.
This Is Us Season Finale: Ka-Toby Is Finally Married!
They're an unlikely pair, but have more in common than anybody would think, which is, of course, the layers of the friendship. There were areas where season two was able to continue what was so strong in season one, and in some cases improve upon it.
Then this January, New York City's mayor Bill de Blasio threatened Big Oil with more lawsuits, comparing the industry to the tobacco giants, saying they "systematically poisoned the Earth, knew about it, covered it up, explained it away, tried to hook people more and more on their product".
Schwarzenegger also took several shots at President Donald Trump, including a joke about the plot of his next Terminator movie, which begins production in Europe in June. "Every gas station should have a warning label on it, every auto should have a warning label, every product that has fossil fuels in it should have a warning label on it", he said. The state of NY, multiple cities including San Francisco and California counties are suing ExxonMobil and others, alleging they have known about - and tried to obscure - the damaging effects of climate change from burning the fossil fuels the industry brings to market.
Schwarzenegger said tobacco companies have produced a risky product for years and ultimately had to pay large sums of money as punishment.
US Retail Sales fall in February
General merchandise stores were up 2.4 percent year-over-year but down 0.4 percent from January seasonally adjusted. Meanwhile, sales rose at stores that sell building materials, on retail websites, and at restaurants and bars.