Carbon Emissions
Climate
Climate Change and Business
Energy
High Debt Levels Put $8.9 Billion of New Shale Oil
Besides low prices, falling output and actions to reduce greenhouse gas (GHG) emissions, investors face another serious threat: the high levels of debt taken on by shale oil and gas producers. The risk of default is higher among smaller U.S. shale oil and gas producers, according to a new study from Carbon Tracker Initiative.Read More
