TylerLow crude prices aren’t the only reason big oil should worry
This story was originally published in the Toronto Star. By Tyler Hamilton When solar entrepreneur Jeremy Leggett bumped into Suncor Energy boss Steve Williams at the World Economic Forum in 2014, odds were high that tempers would flare. The two men were among about 40 dinner guests – a mix of CEOs, pension fund managers, economists and government leaders. They had gathered in Davos, Switzerland, to talk about “short-termism” in the financial and corporate worlds and how it undermines efforts to tackle climate change. At one point during the dinner, Leggett recalls in his book The Winning of the Carbon War, Williams mentioned the difficulty he had in pushing through a 50-year investment plan for the oil sands. Leggett, who is also non-executive chairman of London-based…
