Tuesday, August 9, 2022
HomeClimate411Big Oil Asset Write-Downs Are Not The End Of The Oil Age

Big Oil Asset Write-Downs Are Not The End Of The Oil Age

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Climate change activists have long lobbied for divestment from fossil fuel-producing companies. They have largely failed in this quest. This year, the steep falls in the value of the large oil and gas companies, however, occurred with a rapidity that astonished market watchers.

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