UCL Uncovering Politics

Which companies oppose climate action?

May 14, 2026·38 min
Episode Description from the Publisher

Most people see action on climate change as essential. But powerful lobbies continue to push the other way. Understanding what drives corporate opposition to climate policy therefore matters enormously. New research examines one underexplored factor: company ownership structures. Are publicly listed firms more likely to oppose climate action than privately held ones? Does it matter how concentrated a company's ownership is, or how short-term its investors' horizons are? And what are the implications for governments trying to advance climate policy? Joining host Alan Renwick to discuss the findings is Jared Finnegan, Lecturer in Public Policy at the UCL Department of Political Science and one of the study's co-authors. Mentioned in this episode: Fighting the Future: Short-Term Investors and Business Opposition to Climate Policy by Jared J. Finnegan and Jonas Meckling, British Journal of Political Science.

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