this post was submitted on 14 Jul 2023
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It's almost like these people want to act like they haven't had notice this is coming. The entire point is to phase out infrastructure that isn't relevant anymore.
Oil and gas infrastructure is becoming irrelevant quickly. Adapt, evolve or die.
That (wilful?) cognitive dissonance is very widespread unfortunately.
I am having a hard time trying to get an investment advisor (of all people) to understand that these assets will be stranded, and I do not want any money getting close to them. All I get back is things like 'lovely sunny day', 'they're not that bad', 'you can have some fun with climate investing' (all quotes).
Exasperating.