Legal experts say oil companies could face billions of dollars in liabilities. (Hopefully stiff jail terms will follow).

Some of the world's largest oil firms face a high-powered U.S. legal effort to investigate them for long knowing, and hiding, the link between burning fossil fuels and destructive climate change.

If the oil giants lose, their total liabilities could run into the billions or even trillions of dollars, according to some legal experts, and Canadian energy firms may not be immune.

Flanked by Al Gore, five U.S. state attorneys generals took to a podium Tuesday to join New York's legal battle against alleged climate denial by big oil companies, such as ExxonMobil.

"The first amendment, ladies and gentlemen, doesn't give you the right to commit fraud," said New York Attorney General Eric Schneiderman.

"We have heard the scientists. We know what's happening to the planet. There is dispute, but there is confusion -- and confusion sowed by those with an interest in profiting from the confusion, and creating misperceptions in the eyes of the American public that really need to be cleared up," he added.

The above copied from http://thetyee.ca  one of the finest independent news sources on the planet.

http://thetyee.ca/News/2016/03/30/US-AGs-Investigate-Climate-Fraud/

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