Big Oil Might Bet $50B On Potentially Non-Viable Projects: Report

Big Oil companies are betting $50 billion on oil and gas projects.

noting that the approval of these projects suggests the industry is still firmly on a path that diverges from the Paris Agreement goals.

In a report titled “Breaking the Habit – Why none of the large oil companies are ‘Paris-aligned’, and what they need to do to get there”.

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Source: OilPrice.com