Oil companies' resistance to compliance carbon programs has sharply declined
Colin Campbell · Colin Campbell – The Case for Environmental Markets (Climate Solutions EP.3, Capital Allocators EP.302) · Mar 20, 2023 · at 26:28
Colin Campbell, partner and co-head of Partnership Strategies at Bain Capital, discusses corporate adoption and regulatory compliance in environmental markets with Ted Seides.
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“And while there was resistance, 10 and 15 and 20 years ago, you know, where you would see oil companies lobbying against these sorts of programs, what you've seen in the last half decade is More and more of them see the writing on the wall. They realize we're past the point of sort of no return in many jurisdictions, and so they're buying into these programs, and what they're trying to do is at least influence, you know, some elements of them, but there's less and less resistance compared to what we might have seen 10 or 15 years ago.”
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