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.