Much of the most lucrative shale acreage has already…

Much of the most lucrative shale acreage has already been bought up, and the ESG, a type of investing that screens where companies can borrow capital based on "environmental, social, and governance" criteria, restrictions on drilling and capital make it attractive for the oil majors to acquire rather than develop acreage. In a multipolar world, fossil fuel reserves are more valuable when closer to home, as those in faraway places could get caught up in geopolitical turmoil or be repatriated by foreign governments.

— from The Flight Plan (Purpose/Wisdom/Risk) · How to Listen When the Markets Speak: Risks, Myths, and Investment Opportunites in a Radic

Also belongs to

Related