Oh, and a few words about the origins of the February long weekend....
Good post. A couple stories from the Economist and the Globe and Mail come to mind.
The Economist, July 2020: "Oil giants want to own only the cheapest, cleanest hydrocarbons." Reserves which are carbon-intensive and costly to develop are likely to be sold off to more speculative and opportunistic investors, who will presumably demand a high rate of return for any new projects. https://www.economist.com/business/2020/07/18/oil-giants-want-to-own-only-the-cheapest-cleanest-hydrocarbons
The Globe and Mail, February 2021. "DirtyCo to CleanCo: How environmental pressure is shaking up the mining industry – and will soon reshape it." The major mining companies are planning to sell off their carbon-intensive operations (like coal mining and oil sands), as Rio Tinto has already done. https://www.theglobeandmail.com/business/article-dirtyco-to-cleanco-how-environmental-pressure-is-shaking-up-the-mining/
Good post. A couple stories from the Economist and the Globe and Mail come to mind.
The Economist, July 2020: "Oil giants want to own only the cheapest, cleanest hydrocarbons." Reserves which are carbon-intensive and costly to develop are likely to be sold off to more speculative and opportunistic investors, who will presumably demand a high rate of return for any new projects. https://www.economist.com/business/2020/07/18/oil-giants-want-to-own-only-the-cheapest-cleanest-hydrocarbons
The Globe and Mail, February 2021. "DirtyCo to CleanCo: How environmental pressure is shaking up the mining industry – and will soon reshape it." The major mining companies are planning to sell off their carbon-intensive operations (like coal mining and oil sands), as Rio Tinto has already done. https://www.theglobeandmail.com/business/article-dirtyco-to-cleanco-how-environmental-pressure-is-shaking-up-the-mining/