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Expert Analysis

Oil Companies May Face Risk Of Stranded Assets

Law360, New York (June 2, 2014, 6:29 PM EDT) -- A recent report[1] by the Carbon Tracker Initiative (CTI), Carbon Supply Cost Curves: Evaluating Financial Risk to Oil Capital Expenditures, raises a warning to shareholders that up to $1.1 trillion of oil industry capital expenditures in high cost, high carbon projects may ultimately be written down over the next decade....

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