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 at-tractive 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 geopo-litical 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

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