12/11/2023

Oil sector advised to "Be vigilant, not afraid" in facing wave of climate lawsuits

There are more than two dozen cases filed by US cities and states pending, with allegations that Big Oil knew about the dangers of burning fossil fuels and actively hid that information from consumers and investors.

Lauren Varnado, an oil and gas trial lawyer and Houston office managing partner at the law firm of Michelman & Robinson, joined the podcast to talk about this new form of climate litigation and its impacts on the oil industry.

Stick around for Starr Spencer with the Market Minute, a look at near-term oil market drivers.