Climate Activists Are Setting Up Oil Prices For New Boom

Climate Activists Are Setting Up Oil Prices For New Boom

SAN MATEO, CA - MARCH 13: Gas prices over $4.00 per gallon are displayed at a Shell station March ... [+] 13, 2008 in San Mateo, California. The price of oil reached a record high of $111 a barrel and retail gas prices were up 2.1 cents overnight to reach a national average of $3.267 a gallon, a new U.S. record. (Photo by Justin Sullivan/Getty Images)

Climate activists celebrated landmark victories over Big Oil at the end of May, but investors should be wary of their environmental goals and the likely impact on demand for oil. 

It may not be the outcome activists are hoping for.