Can the tools of capitalism curb climate change?
Imagine a Walmart semi-truck rolling down the interstate with its back doors open, plasma-screen televisions tumbling out onto the highway, crashing through windshields and causing chaos. “It would be ridiculous,” said Jonas Kron, a senior vice president for Trillium Asset Management, a socially responsible investment firm. Company ownership would demand better trucking practices, and the company would respond.
Methane leaking from oil and natural gas operations is the same sort of thing, Kron says — only on a multi-million dollar level that also contributes to climate change. That’s why his firm has pushed EOG Resources, the oil and gas company formerly known as Enron, to get a handle on their methane emissions. Read Full Article - High Country News, March 27, 2019