The Milieudefensie et al v Royal Dutch Shell plc. landmark ruling establishes for the first time direct environmental liabilities linked to local damages caused by global emissions and deems a single company partially responsible for climate change, opening corporations to new legal jeopardy...

We study the behaviour of Canadian total factor productivity growth over the past 60 years. We find that the observed stagnation during the last 20 years is entirely accounted for by the Oil sector. Higher oil prices made capital-intensive sources of oil like the oil sands viable to extract on a...