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'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears

Business Green

Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected. The organisation concluded that no oil and gas firms across Europe and the US are currently basing their asset valuations on realistic price assumptions for oil.

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LNG Projects Make Claims of ‘Net-Zero’ to Ease Way for Expansion

DeSmogBlog

Under growing pressure to rein in greenhouse gas emissions, developers of liquefied natural gas (LNG) are turning to questionable claims about “carbon neutrality,” “net-zero,” or “green LNG,” in order to pass muster with governments, investors, and society, who are becoming increasingly anxious about the climate crisis.

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Global Briefing: UN shines spotlight on e-waste opportunity

Business Green

The UN has this week published its annual Global E-waste Monitor report , revealing that at least $10bn of gold, platinum, and other precious metals were lost each year as part of the world's growing e-waste mountain. By 2040, we will be carbon neutral. Plus all the top green business news from around the world this week.

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