Big Polluters' Share Prices Fall After Climate Lawsuits, Study Finds

Climate litigation poses a financial risk to fossil fuel companies because it lowers the share price of big polluters, research has found. From a report: A study to be published on Tuesday by LSE's Grantham Research Institute examines how the stock market reacts to news that a fresh climate lawsuit has been filed or a corporation has lost its case. The researchers hope their work will encourage lenders, financial regulators and governments to consider the effect of climate litigation when making