> While shareholders obviously hold a greater degree of control over a company's emissions than a random consumer, assigning 100% of the blame for oil company emissions to the owners and 0% to people buying oil seems insane.
But what’s the appropriate allocation? I don’t think it’s zero. It shouldn’t be a larger percentage than their shareholding.
There are other examples. Eg someone who manufactures or sells dangerous items. Drugs, alcohol, guns.
They have some degree of liability in many jurisdictions. They aren't entirely responsible for what their products do. But are they zero percent responsible?
But what’s the appropriate allocation? I don’t think it’s zero. It shouldn’t be a larger percentage than their shareholding.
There are other examples. Eg someone who manufactures or sells dangerous items. Drugs, alcohol, guns.
They have some degree of liability in many jurisdictions. They aren't entirely responsible for what their products do. But are they zero percent responsible?