Forecasting Failure: Why Investors Should Treat Oil Company Energy Forecasts With Caution Oil Change International, Greenpeace March 2017 Download Report Companies like ExxonMobil, Shell and BP routinely use their in-house energy forecasts to justify investments in multi-decade, high-cost projects, from the Arctic to the tar sands. While the companies present their published forecasts as objective analyses, … Read More
Day: March 13, 2017
Release: Oil companies’ flawed energy forecasts risk billions in investor capital
Oil companies including ExxonMobil, BP and Shell are risking billions of dollars of investor capital, by basing decisions on distorted claims about the future of energy, according to a new report.
Don’t Believe the Oil Companies’ Phoney Forecasts
The oil companies go to great efforts to portray their forecasts as works of objective analysis of the future. They are not – they are self-serving descriptions of the futures the companies would like policymakers and investors to believe in.
Will Merkel Stand up to Trump on Climate?
The German chancellor, Angela Merkel, has her first face to face meeting with President Trump tomorrow when she visits Washington.