HomeNewsGreenpeace Faces Financial Crisis: $345 Million Court Ruling Threatens Organization's Future

Greenpeace Faces Financial Crisis: $345 Million Court Ruling Threatens Organization’s Future

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In a significant legal development, a judge is poised to impose a $345 million judgment on Greenpeace, a move that could potentially lead to the financial collapse of the environmental advocacy group. This ruling comes as part of a lawsuit filed by Energy Transfer, the company behind the controversial Dakota Access Pipeline.

Although Greenpeace is gearing up to challenge the decision through an appeal, the implications of the judgment could be far-reaching. Originally, a jury had granted Energy Transfer a $660 million award against Greenpeace last year. However, the presiding judge deemed this amount excessive and subsequently reduced it by half. Despite this reduction, Energy Transfer plans to pursue an appeal with the aim of reinstating the full $660 million penalty.

The origins of this legal battle trace back to the protests surrounding the Dakota Access Pipeline, a project that has been operational since 2017. This extensive pipeline spans 1,172 miles and boasts the capacity to transport 750,000 barrels of oil daily. The protests and subsequent legal actions have underscored the ongoing tensions between environmental activists and energy companies.

Breitbart News reported on the lawsuit last year, which surrounds the protests around the Dakota Access Pipeline:

Energy Transfer is the Texas-based pipeline company behind the Dakota Access Pipeline, which suffered through Greenpeace’s months long protests against the pipeline about ten years ago.

The suit accused Greenpeace of defamation, trespassing, physical damages to the pipeline and equipment, and overall (and unceasing) harassment that caused expensive delays.

Energy Transfer’s lawyer, Trey Cox, “laced into Greenpeace during closing arguments on Monday,” reports the far-left New York Times. “The company accused Greenpeace of funding and supporting attacks and protests that delayed the pipeline’s construction, raised costs, and harmed Energy Transfer’s reputation.”

The $4 billion Dakota Access Pipeline has been up and running since 2017. It is 1,172-miles long and capable of delivering 750,000 barrels per day.

If you recall the news during the protests, the harassment campaign against this project was relentless. There are still lawsuits pending to shut it down. One judge ordered it shut down and emptied of oil. An appeals court put a stop to that.

These people are crazy. In nearly ten years of operation, there have been no reported environmental accidents associated with the pipeline. What’s more, a pipeline is the safest and most environmentally sound way to transport oil. The alternative is shipping all this oil by train, which not only invites accidents, but even when there’s no accident, you have the emissions from the train going into the air.

Related: Waltz Reveals How Trump Killed “Global Green Tax” that Would Have Created “U.N. Climate Slush Fund”

It’s important to remember that today’s environmentalists do not care about the environment. Instead, they are anti-human Luddites and communists opposed to Western Civilization and desperate to use the environment to emotionally blackmail the populace into reverting to the Stone Age. Naturally, our gilded communist leaders won’t live in the Stone Age. Theirs will be a life of mansions, yachts, and air conditioning.

We are all in favor of clean air and water. These lunatics are well past that. Environmentalists are the worst kind of fascists and frauds, and it is long past time that corporations fight back with these kinds of lawsuits and the American people wake up to the fact that these groups are 0-54 with their doomsday predictions.

Anyway, here’s the good news…

Related: Creepy Billionaire Flip Flops on Climate Change

In a financial filing made late last year, Greenpeace USA said it doesn’t have the money to pay … “or to continue normal operations if the judgment is enforced.” The group said it had cash and cash equivalents of $1.4 million and total assets of $23 million as of Dec. 31, 2024.

Few things would benefit society and the environment more than Greenpeace being sued out of operation.

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