Emily Pontecorvo
๐ค SpeakerAppearances Over Time
Podcast Appearances
We're talking about a cartel getting together and stifling competition.
As a result, our energy costs are much higher than they otherwise would be.
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.
There's nothing like that.
But it does tell this kind of compelling story.
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.
And when this task force was formed, kind of after that, all these companies started to take similar actions.
They shut down internal research programs for alternative energy and they
withheld products from the market.
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.
But so it kind of makes the case that their behavior can only be explained by a conspiracy.
The explicit goal, the explicit kind of ask in these cases is,
funding for adaptation, funding for damages.
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.
All right.