Tuesday, 11 March 2025

THE "STRANDED ASSET" ACCUSATION EXPOSED AS NONSENSE

 Some climate alarmists use the scare tactic of trying to make out that companies who trade in fossil fuels will be left with stranded assets as the world stops using them. This argument falls down in many ways. For a start most of the world is not stopping using them and also these companies have very strong balance sheets with plenty of cash. In fact ideal companies to invest in! The following article explains:

Is BP A Stranded Whale? | NOT A LOT OF PEOPLE KNOW THAT

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