Are oil and gas companies legally responsible for the harm caused by climate change? That is the question presented in a lawsuit filed in January 2018 by the City of New York against BP, Chevron, ConocoPhillips, Exxon Mobil, and Royal Dutch Shell. According to the lawsuit, those companies are the five largest, investor-owned producers of … Continue reading Making the Oil and Gas Companies Pay for the Harm Caused by Climate Change
The Big Climate Short
The book and the movie The Big Short documented how a tiny number of investors recognized that sub-prime mortgages and derivatives were headed for a financial train wreck and made a fortune by selling them short. This happened at a time when these assets were the darling of the investment world and when the vast … Continue reading The Big Climate Short
Shades of Green: What shade is your portfolio? 