The end of oil
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The end of oil
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Oil producers are the largest greenhouse gas emitters in the world. Will they stop in time to prevent the worsening effects of climate change?
On this episode of the McGill Delve podcast, two experts in management and sustainability discuss the end of oil. Professor Ryan Kellogg, of the University of Chicago, thinks oil divestment could happen in the next 75 years. Professor Javad Nasiry, director of the Sustainable Growth Initiative at McGill University, asks him why.
Our conversation begins with a question from today’s host, Professor Nasiry: As oil demand decreases, will oil companies slowly stop producing, or will they speed up production to maximize short-term profits? They discuss both possible outcomes and the changing economic and political landscapes that will shape them.
A special thank you to Professor Nasiry for guest-hosting this episode! And to Professor Ryan Kellogg for joining us from the University of Chicago.
Read Professor Kellogg’s 2024 working paper, “The End of Oil:” https://www.nber.org/papers/w33207
This episode of the McGill Delve podcast was produced in collaboration with the Sustainable Growth Initiative at McGill University.
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About McGill Delve
McGill Delve is the official thought leadership publication of the Desautels Faculty of Management at McGill University. Professor Javad Nasiry hosted this episode. Saku Mantere is McGill Delve’s editor-in-chief and is a professor of Strategy and Organization at McGill University. He also produced all the original music for this podcast. Eric Dicaire is Delve’s managing editor, and he researched, produced, and edited this episode.
#ClimateChange #Oil #NetZero #Management #Economics #Sustainability
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