A big day for big oil


Manage episode 297108791 series 2782781
By Robin Pomeroy and World Economic Forum. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

On just one day in May, two US oil majors suffered a rebellion by shareholders who demanded action on climate change and a Dutch court ordered Shell to cut its greenhouse gas emissions.

But was it a one-off, or are we seeing the battle for climate action move increasingly to the courts?

And as some governments seek to embed the price of carbon into the products we buy, this former World Trade Organization judge tells us that even more litigation is likely.

To consider how significant these events will prove to be, Radio Davos spoke to James Bacchus, Adjunct scholar the the Cato Institute and Distinguished University Professor of Global Affairs and Director of the Center for Global Economic and Environmental Opportunity at the University of Central Florida.

58 episodes