Posts Tagged ‘assest’
BHP: ‘Future facing’ commodities have more shareholder value than fossil fuels
This article was written by Anthony Barich and originally published in the IEEFA on September 9, 2022. BHP Group Ltd. sees better margins in “future-facing” commodities than the fossil fuel businesses, and “the divestment of our petroleum business and some of our smaller coal assets wasn’t for the purposes of decarbonization. This was all about…
Read MoreHalf world’s fossil fuel assets could become worthless by 2036 in net zero transition
This article was written by Jonathan Watts, Ashely Kirk, Niamh McIntyre, Pablo Gutierrez, and Niko Kommenda and published in The Guardian on November 4, 2021. About half of the world’s fossil fuel assets will be worthless by 2036 under a net zero transition, according to research. Countries that are slow to decarbonise will suffer but early movers will…
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