$1T of Potential Losses in the Pipeline for Oil and Gas Financiers
GreenTechMedia
FEBRUARY 3, 2021
The problem is that despite this momentum, even sophisticated investors lack the breadth and depth of commitment to avoid the vast majority of speculative oil and gas investments. GEM estimates current global pipeline plans represent nearly $1 trillion in new investment. The writing, as they say, is on the wall for oil and gas.
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