Big polluters' share prices fall after climate lawsuits, study finds

Exclusive: Fossil fuel companies register drop in value after litigation or unfavourable judgmentsClimate litigation poses a financial risk to fossil fuel companies because it lowers the share price of big polluters, research has found.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. Continue reading...