FIRST ON FOX: American households could end up paying $1,465 more per year on average in energy costs if "anti-energy" climate lawsuits against oil and gas companies are successful, according to a new report first obtained by Fox News Digital.Americans will "pay a lot more" if the far-left "get their way," warned Heritage Foundation chief economist E.J Antoni, who co-authored the report with Power The Future founder Daniel Turner.Hundreds of lawsuits and other state-level "climate superfund" laws could increase the cost of gasoline, electricity and other everyday necessities Americans rely on, the report estimates.SUPREME COURT CAN RESTORE SANITY AND STOP THE LEFT’S RADICAL CLIMATE AGENDANorth Dakota's oil boom transformed the state's economy and now generates billions of dollars in tax revenue each year.(Jim West/UCG/Universal Images Group via Getty Images)The new analysis, obtained by Fox News Digital, comes as the Supreme Court prepares to hear a closely-watched lawsuit next month out of Boulder, Colorado, which could drastically shape the future of climate litigation."If those folks on the radical left wing who are anti-energy, if they get their way, your costs are going to go up," Antoni told Fox News Digital.
"Your household is going to pay a lot more.The energy is going to get much more expensive.""You may think it's bad now, but it will get significantly worse," he added.The report estimates energy companies could face an additional $194 billion in annual costs, which the authors argue would ultimately be passed on to consumers through higher prices rather than absorbed entirely by companies or their shareholders.Those costs could add roughly 41 cents to a gallon of gasoline and increase residential electricity rates by about 8.6%, according to the analysis."Every single time a company is sued, yes, they pay some damages, but ultimately they will just charge people more for their product to recoup those losses," Turner told Fox News Digital.LAWSUITS COST...