Bail out or fade out? Oil majors face tough choice on climate, researchers warn

Madeleine Cuff
clock • 3 min read

'Managed decline' and 'first one out' are commercially viable options for oil majors in a two degrees world, new research suggests

New research released today suggests the only commercially viable future for oil majors in a carbon constrained world is a gradual winding down of their operations or a quick sell off of assets. The...

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