DESPITE MEDIA HYPE, ENERGY INVESTORS IGNORE NEW YORK CLIMATE LAWSUIT
Over the past week, major energy companies across the globe reported their earnings for the third quarter of 2018. For many, the results exceeded expectations, with oil and gas producers announcing record profits and production increases. This came as a welcome surprise to many, but perhaps not to the many activists and public officials that have waged a conspicuous climate litigation campaign against these same companies. Many reporters were probably also left scratching their heads, as the narrative they have helped create about institutional risk from climate-related lawsuits appears to be based on nothing but rhetoric.
Read the full blog post at EIDClimate.org.