Hydrocarbon elites post-Trump

posted by
December 21, 2016
Niskanen Center
by Dennis McConaghy  
Posted in Commentary

"The elites of the hydrocarbon industry, including ExxonMobil, Shell, BP and Chevron, have endorsed carbon pricing -- or planned for its promulgation -- as the world seeks to reduce the risks from climate change. With the incoming Trump administration, which strongly proclaims its intent to be a friend to the energy extraction business, the time is right for the hydrocarbon elites to put their notional support into practice. For all of their publicly stated support, hydrocarbon elites have been slow to demonstrate to policymakers what they think carbon pricing ought to look like -- in the United States, or elsewhere." (12/21/16)


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