North American pipelines are being canceled, delayed and threatened to shut down. Producers are announcing tens of billions of dollars in asset write-downs, and supermajor BP has declared they will reduce oil and gas production and become an integrated low carbon energy company.
This week’s episode we discuss: Does the recent news bolster the oil and gas divestment movement’s stranded asset argument? What are the implications of these changes on North American energy supply and GHG emissions? How material are the reserve write-downs?
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