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Emily Pontecorvo

๐Ÿ‘ค Speaker
35 total appearances

Appearances Over Time

Podcast Appearances

Marketplace
Less-than-great expectations for upcoming jobs data

We're talking about a cartel getting together and stifling competition.

Marketplace
Less-than-great expectations for upcoming jobs data

As a result, our energy costs are much higher than they otherwise would be.

Marketplace
Less-than-great expectations for upcoming jobs data

Yeah, you know, if you read the complaint, it doesn't have some kind of like smoking gun where it says, we have, you know, a letter that all the companies signed that said that they were going to work together to, you know, kill electric vehicles.

Marketplace
Less-than-great expectations for upcoming jobs data

There's nothing like that.

Marketplace
Less-than-great expectations for upcoming jobs data

But it does tell this kind of compelling story.

Marketplace
Less-than-great expectations for upcoming jobs data

There was a climate task force that was formed by the American Petroleum Institute, the kind of trade group that all of these companies are a part of.

Marketplace
Less-than-great expectations for upcoming jobs data

And when this task force was formed, kind of after that, all these companies started to take similar actions.

Marketplace
Less-than-great expectations for upcoming jobs data

They shut down internal research programs for alternative energy and they

Marketplace
Less-than-great expectations for upcoming jobs data

withheld products from the market.

Marketplace
Less-than-great expectations for upcoming jobs data

If they hadn't been working together, they might have, you know, individually tried to, it would have made more sense for them to kind of lead the way into the future with these other technologies.

Marketplace
Less-than-great expectations for upcoming jobs data

But so it kind of makes the case that their behavior can only be explained by a conspiracy.

Marketplace
Less-than-great expectations for upcoming jobs data

The explicit goal, the explicit kind of ask in these cases is,

Marketplace
Less-than-great expectations for upcoming jobs data

funding for adaptation, funding for damages.

Marketplace
Less-than-great expectations for upcoming jobs data

This Michigan case is no different, but it's a little bit different in that it also asks for compensation for high energy costs for this, you know, difference in how much they think they've overpaid essentially for energy over the past decade.

Marketplace
Less-than-great expectations for upcoming jobs data

All right.

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