Why one blogger is making the case for offshore oil plays.
The International Energy Agency last week said demand for all three major fossil fuels will peak this decade.
Even beyond a crass “go woke, go broke,” many investors just don’t agree, and the replacement sources have their own issues. Surging costs have put key U.S. offshore wind projects in jeopardy, as a writedown from Ørsted brought into view, as nuclear projects globally also run into a myriad of cost and operational issues.
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