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Oil and gas prices have more than doubled over the past year | Credit: iStock
Oil prices may have surged in recent months, but investing in new fossil fuel projects risks 'catastrophic levels of value destruction' when prices fall, new Carbon Tracker analysis warns
Oil and gas firms should resist using the recent rise in prices as a green light to plough more money into new production projects, as it could risk well over $500bn being wasted on assets that quickly...
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