Litterman: U.S. Exiting Paris Deal Makes No Sense

The video discusses the implications of the US potentially withdrawing from the Paris Accords, emphasizing the global need for unified action against climate change. It highlights the role of companies like Exxon in transitioning to a low carbon economy and the influence of shareholders in pushing for honest climate reporting. The discussion also covers the economic challenges faced by fossil fuel companies as demand for oil decreases and the need for strategic pivots to remain profitable.

What is the significance of shareholder votes regarding climate change reporting?

What should companies like Exxon do to adapt to a low carbon economy?

How does the concept of externalities relate to Exxon’s business decisions?