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In Louisiana, we have a knack for running job creators off to our neighboring states. One of the clearest examples of pushing businesses is out of Louisiana is the slew of frivolous lawsuits levied against oil and gas companies that have caused countless jobs and opportunities to leave our state. A 2019 study found that two years after the lawsuits were first launched, 2,000 jobs were lost directly attributable to the impact of the litigation risk. Proponents of the lawsuits claim the lawsuits will help bring resources to rebuild Louisiana’s coastline. In reality, these lawsuits and the proposed Freeport-McMoRan settlement currently on the table stifle job creation while doing little to nothing for the coast.
Read more: LAWSUIT ABUSE IS NOT A SOLUTION FOR LOUISIANA’S COAST
