Now, with oil prices crashing while the cost of production does not; with campaigners scoring victories from the Paris climate agreement to major
institutional divestment from fossil fuels; and with increasingly viable competition from electrified transportation, efficiency and renewables — oil companies may be facing a unique confluence of uphill challenges.
Not exact matches
That would also include
institutional initiatives such as carbon taxes or permitting plans, policies of
divestment from fossil fuel investments, direct political pressure, and the ending of
fossil fuel subsidies around the world.
Shareholder resolutions and calls for
institutional and individual
divestment from the primary producers of coal, oil, and natural gas are giving rise to growing public discourse on the climate responsibilities of these
fossil fuels companies (Lubber 2012; Oreskes 2013; Rockefeller Brothers Fund 2014).