September 2017

In announcing litigation against BP, Chevron, Exxon and Shell, San Francisco City Attorney Dennis Herrera did not mince words: “The bill has come due. It’s time for these companies to take responsibility.” City officials said they expect to pay $500 million to fortify the 3-mile seawall along the Embarcadero to prevent roads, homes and businesses from being submerged. Long-term upgrades are projected to cost $5 billion. Reports show the city could pay as much as $350 million to safeguard the city’s sprawling sewer and storm-water system. All told, about $10 billion of public property and as much as $39 billion of private property are at risk.