excerpted from Oil Ahead
Recorded on January 2015

Lou Allstadt on Fossil Fuels in the Financial System


"When the financial community realizes that they have to think about closer in financial impacts, they're going to start really discounting the value of somebody's fossil fuel companies," said Lou Allstadt, former Executive Vice President at Mobil Oil Corporation and member of Citizens Climate Lobby.  Allstadt discusses how financial markets are beginning to take climate into account when valuing fossil fuel investments.

Speakers at this Event

Former Executive Vice President, Mobil Oil

Vice President for CO2, Shell Oil Company

Chair, California Air Resources Board