News Reporter@lemmy.wtfB to Economy@lemmy.world · 1 month agoFrom Investor To Operator: New Book Provides Roadmap To Energy Wealthwww.forbes.comexternal-linkmessage-square2linkfedilinkarrow-up13arrow-down17
arrow-up1-4arrow-down1external-linkFrom Investor To Operator: New Book Provides Roadmap To Energy Wealthwww.forbes.comNews Reporter@lemmy.wtfB to Economy@lemmy.world · 1 month agomessage-square2linkfedilink
minus-squareinfinitevalence@discuss.onlinelinkfedilinkEnglisharrow-up2·1 month 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-up3·1 month 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