A court ruling on Shell's climate impact and votes against Exxon and Chevron add pressure, but it's the market that will drive oil giants to change
- Written by Paul Griffin, Distinguished Professor of Management, University of California, Davis
Fossil fuel stocks haven't kept up with the market in recent years.Anton Petrus via Getty ImagesFrom news reports, it might sound like the fossil fuel industry is on the defensive after a landmark court ruling and two shareholdervotes challenging the industry’s resistance to curbing its greenhouse gas emissions.
But how much power do...
