Nicolas S. Rohatyn, Guest Columnist

A Fix for Gambling, Emissions and AI's Ills

Flue-gas stacks of Mill Creek Generating Station in Louisville, Kentucky, February 2026.

Photographer: Jon Cherry/Getty Images 

The Supreme Court is preparing to consider whether states and municipalities can pursue billions of dollars in damages from fossil-fuel companies over greenhouse gas emissions. Dozens of local governments argue that these firms misled the public about climate risks and should now pay for rising sea levels, wildfires and extreme weather.

Climate is not the only arena where courts are being asked to resolve the social costs of private enterprise. A growing number of lawsuits target major online sportsbook operators, alleging that their platforms foster addiction and financial harm while failing to implement adequate safeguards.