· 2 min read
illuminem summarizes for you the essential news of the day. Read the full piece on The Wall Street Journal or enjoy below:
🗞️ Driving the news: Billionaire Kelcy Warren, founder of Energy Transfer, is pursuing a lawsuit against Greenpeace that could bankrupt its U.S. affiliate
• The case stems from Greenpeace’s role in the 2016 Dakota Access Pipeline protests, which Warren claims caused financial losses and incited property damage
🔭 The context: Energy Transfer is suing Greenpeace for $300 million, alleging that the environmental group incited violent protests and spread misinformation about the pipeline
• Greenpeace asserts its involvement was limited and the lawsuit is a threat to free speech, potentially setting a dangerous precedent for activist groups
🌍 Why it matters for the planet: The lawsuit could have a chilling effect on environmental activism, weakening efforts to challenge fossil fuel projects and confront climate change
• Greenpeace USA plays a critical role in the U.S. green movement, and its potential loss would reduce pressure on the oil and gas industry
⏭️ What's next: The case is set for trial in February 2025 in North Dakota, with Greenpeace preparing for possible bankruptcy if the verdict favors Energy Transfer
• Meanwhile, environmentalists fear this legal strategy may be adopted by other corporations to silence critics
💬 One quote: “He enjoys business so very much because he sees it as a game,” said Charlie Waters, a former Dallas Cowboys football player who worked at Warren’s company. “He’s so damn competitive”
📈 One stat: Energy Transfer is seeking $300 million in damages, enough to likely bankrupt Greenpeace USA
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