Blue and Green: As investors begin to ask for more information around the risks of high-cost oil projects, the Carbon Tracker Initiative (CTI) has revealed that some of the most expensive projects currently being considered for development in the industry could place $91 billion (54bn) of investors money at risk.
In May, CTI warned that many oil projects make neither economic nor climate sense, with as much as $1.1 trillion (660bn) of investors money at stake. The research argued that oil companies are betting...