US oil majors falling behind energy transition

US majors are severely exposed to their assets becoming stranded as their business model fails to adapt to a net-zero carbon world, according to analysis by Carbon Tracker.

US oil majors falling behind energy transition US oil majors falling behind energy transition US oil majors falling behind energy transition US oil majors falling behind energy transition US oil majors falling behind energy transition

The London-based  progressive think tank has been reporting on oil and gas producers financial risks related to the shift to a lower carbon economy since 2011, noting in their latest report that