News Reporter@lemmy.wtfB to Economy@lemmy.world · 3 days agoFrom Investor To Operator: New Book Provides Roadmap To Energy Wealthwww.forbes.comexternal-linkmessage-square2linkfedilinkarrow-up12arrow-down17
arrow-up1-5arrow-down1external-linkFrom Investor To Operator: New Book Provides Roadmap To Energy Wealthwww.forbes.comNews Reporter@lemmy.wtfB to Economy@lemmy.world · 3 days agomessage-square2linkfedilink
minus-squareinfinitevalence@discuss.onlinelinkfedilinkEnglisharrow-up2·3 days agoOil is a terrible investment. It has 14 trillion in assets that are quickly becoming a liability and the market has not priced in the cost of abandoning that infrastructure.
minus-squarenaeap@sopuli.xyzlinkfedilinkarrow-up3·3 days agoAs if the correct destruction and recycling would even once be done by the company… Worst case, they’ll cash out, declare bankruptcy and tax money pays again for the clean up
Oil is a terrible investment. It has 14 trillion in assets that are quickly becoming a liability and the market has not priced in the cost of abandoning that infrastructure.
As if the correct destruction and recycling would even once be done by the company…
Worst case, they’ll cash out, declare bankruptcy and tax money pays again for the clean up