Have at it your own way, but be careful, there will be a lot of
stress on oil companies with high debt.
Not exact matches
The
oil market collapse has effectively created a «live»
stress test
on fossil fuel development and the scale of project closures so far suggests many
companies were not prepared for such a price slide.
Moreover, by applying the term «denial» (with all its loaded undertones) to sceptical scientists; by referring to them inaccurately as «well funded» by the
oil industry; and by likening those who
stress the uncertainties of climate science to unprincipled lobbyists for tobacco
companies, Lord May enters
on the field of personal vilification — not a suitable place for a distinguished former President of the Royal Society.
While it has put the region under tremendous
stress, the melting ice also has renewed
oil companies» interest in drilling in the Arctic Ocean, which would risk catastrophe for the region and would further exacerbate reliance
on dirty fossil fuels we can not afford to burn if we are to avert the worst effects of climate change.