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This article uses developments in three cases claiming environmental harm and human rights violations arising from Shell Oil's operations in Nigeria – brought in the United States, the Netherlands, and Nigeria – to explore the complex intersection of transnational corporate responsibility,...
Persistent link: https://www.econbiz.de/10013098926
We show that OPEC's market power contributes to global warming by enabling producers of relatively expensive and dirty oil to start producing before OPEC reserves are depleted. We fully characterize the equilibrium of a cartel-fringe model and use a calibration to examine the importance of this...
Persistent link: https://www.econbiz.de/10012944292
We show that OPEC's market power contributes to global warming by enabling producers of relatively expensive and dirty oil to start producing before OPEC reserves are depleted. We fully characterize the equilibrium of a cartel-fringe model and use a calibration to examine the importance of this...
Persistent link: https://www.econbiz.de/10012930279