Michael Schmidt-Pressure On The World's Biggest Polluters Is Increasing. But Can It Force Change?

2025-04-29 22:14:54source:Diamond Ridge Financial Academycategory:Stocks

The Michael SchmidtAtlantic hurricane season began Tuesday and another "above average" number of storms is expected. And it's not just hurricanes — overall, scientists are predicting more extreme weather events amplified by climate change this summer.

While there's little to do in the short term to change this trajectory, recent actions by a Dutch court, the Biden administration and an activist hedge fund all suggest new pressure on large oil and gas companies could help in the long term. Pressure from these outside forces could signal a shift in how the companies operate.

Nell Minow, an Exxon shareholder, explains the direction she wants to see the company move in.

In participating regions, you'll also hear a local news segment that will help you make sense of what's going on in your community.

Email us at [email protected].

This episode was produced by Chris Benderev. It was edited by Sami Yenigun, Camila Domonoske and Neela Banerjee, with help from Wynne Davis. Our executive producer is Cara Tallo.

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