Outrage + Optimism: The Climate Podcast cover image

203. Tomfoolery! Red Herrings!

Outrage + Optimism: The Climate Podcast

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The Threat of Anti Trust Law

Insurance companies in the United States are being accused or at least being threatened of jeopardizing their anti trust commitments because they have coordinated with each other to address climate change issues. How on earth from a lawyer's perspective, can this be an anti trust threat? Well, the threat is because these firms cooperate. As Lord Stern wrote, climate change is the result of the biggest market failure that the world has ever seen. And any business who wants to solve this is caught in a climate change prisoner's dilemma.

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