Greenpeace study finds oil companies may be doomed
Environmental activist network argues that the oil industry might be approaching a tipping point from fall in the price, advances in technology and policies on climate change A long-term decline in the demand for oil could undermine the huge investments in Canadian tar sands, which have been heavily opposed by environmentalists, according to a report published today. The report, by Greenpeace, will make uncomfortable reading for the companies that are ... Full Story »
Posted by Dwight Rousu - via NewsRack (Recession), NewsRack (Climate Change), NewsRack (Energy)
