How private equity firms are taking 'serious gamble' when backing North Sea oil and gas

Cecilia Keating
clock • 4 min read
How private equity firms are taking 'serious gamble' when backing North Sea oil and gas

Carbon Tracker think tank warns private equity firms could see cash flow from fossil fuel projects diminish by between 60 and 100 per cent by 2030 as energy transition gathers pace

Private equity firms invested in the North Sea could see cash flow from assets plummet by more than 60 per cent as demand for fossil fuels declines over the coming years, new research has warned. In...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

US 'green bank' makes first investment - $32m for 18 solar plants in Arkansas

US 'green bank' makes first investment - $32m for 18 solar plants in Arkansas

The National Clean Investment Fund announced its first project this week, prioritising local economies and clean energy development

Leah Garden, Trellis
clock 04 October 2024 • 3 min read
Abrdn rebrands two investment index ranges head of SDR anti-greenwashing rules

Abrdn rebrands two investment index ranges head of SDR anti-greenwashing rules

Investor says it will not seek an SDR label for its MyFolio ranges, but stresses overall investment objective and risk profiles will largely remain unchanged

Cristian Angeloni
clock 02 October 2024 • 2 min read
Asda and HSBC team up for sustainable supply chain finance scheme

Asda and HSBC team up for sustainable supply chain finance scheme

New initiative will see supermarket giant offer incentives to suppliers who undertake sustainability improvements

James Murray
clock 26 September 2024 • 2 min read