Sentences with phrase «oil projects uneconomic»

The Carbon Tracker Initiative, which first coined the term the «carbon bubble», foresaw last year that any oil price slide would make many unconventional and high - cost oil projects uneconomic and risked wasting huge piles of investors» cash.

Not exact matches

Proposed carbon pricing legislation in the U.S. as well as low carbon fuel standards being adopted by California and other states could make many oil sands projects marginal or entirely uneconomic in future.
Proposed carbon pricing legislation in the U.S. as well as low carbon fuel standards being adopted by California and other states could make many oil sands projects marginal or entirely uneconomic in future.
Fossil fuel companies risk wasting almost $ 1.6 tn on oil, gas and coal projects that will become uneconomic if the world steps up efforts to tackle climate change, according to an analysis of projected capital expenditure in the energy sector.
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