Daily Archives: December 12, 2019

Fossil fuel co write downs: the next new normal

The second-largest U.S. oil company announced this week that it is writing down the value of reserve assets by $10 billion ($11 billion Cdn), as well as restructuring operations, and looking to sell some properties including the planned Kitimat LNG … Continue reading

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European Investment bank shifts allocations to non-fossil fuel energy only

Werner Hoyer, president of the European Investment Bank, discusses his investments in non-fossil fuel energy, the German Climate Bill and his thoughts on Brexit. Here is a direct video link. Also see Australian power prices set to slide over the … Continue reading

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