A U.S. judge on Thursday dismissed a lawsuit by New York City seeking to hold major oil companies liable for climate change caused by carbon emissions from burning fossil fuels. In dismissing the city’s claims against Chevron Corp ( CVX.N ), BP Plc ( BP.L ), ConocoPhillips ( COP.N ), Exxon Mobil Corp ( XOM.N ) and Royal Dutch Shell Plc ( RDSa.L ), U.S. District Judge John Keenan in Manhattan said climate change must be addressed through federal regulation and foreign policy. “Climate change is a fact of life, as is not contested by Defendants,” he wrote. “But the serious problems caused thereby are not for the judiciary to ameliorate. Global warming and solutions thereto […]