Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam

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Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam
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Firms including Woodside, Chevron, Shell and Exxon Mobil, told they could be downgraded within weeks

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Oil and gas companies have been told they could be downgraded between one and two notches as S&P increases risk rating for the entire sector.Oil and gas companies have been told they could be downgraded between one and two notches as S&P increases risk rating for the entire sector.Last modified on Wed 27 Jan 2021 02.04 GMT

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I hate fossil fuels. And there's one blind spot with it: sadly, renewables are dependant on gas/oil/coal plants to be up: - ActOnClimate ClimateAction ClimateCrisis FightFor1Point5

So the moronic dinosaurs running Australia think we should subsidise gas and coal.

To save the world is much better than three companies.

I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. lisaMakT

Who's gonna pay the price for the shift to 'cleaner' energy?

and here in Canada the opposition is fighting for new oil pipelines

This is a huge headline for sustainability

I’m back with smile on my face again thanks to lisaMakT I don’t know what to say.... you’re the reason behind my successful trade life!! God bless you for your good works

nice

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