Yes, because they see that we need to actually leave a bunch of proved reserves in the ground, and that they will at some point be forced to do exactly that. So lowering the loss they take when it happens is a good move.
“Transition risks” of climate change (part of indirect climate change/ESG related risks). It’s about how to manage your portfolio based on different green economy adaptation models (normal/organic, late & hasty, none at all).
So just lowering risk exposure.
Yes, because they see that we need to actually leave a bunch of proved reserves in the ground, and that they will at some point be forced to do exactly that. So lowering the loss they take when it happens is a good move.
“Transition risks” of climate change (part of indirect climate change/ESG related risks). It’s about how to manage your portfolio based on different green economy adaptation models (normal/organic, late & hasty, none at all).
Soon, the water wars will begin.