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Who really owns the oil industry’s future stranded assets? If you own investment funds or expect a pension, it might be you

  • Written by Gregor Semieniuk, Assistant Research Professor of Economics, UMass Amherst
Who really owns the oil industry’s future stranded assets? If you own investment funds or expect a pension, it might be youMore countries are discouraging fossil fuel use, but the industry is still pumping.Leonard Ortiz/MediaNews Group/Orange County Register via Getty Images

When an oil company invests in an expensive new drilling project today, it’s taking a gamble. Even if the new well is a success, future government policies designed to slow climate change...

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