$1 trillion in oil and gas pipelines worldwide could become stranded assets, new report warns.
“The pipeline industry faces growing questions about whether it’s wise to build a massive network of pipelines that could become obsolete well within their projected 50-year-plus lifespans.”
[COMMENTARY] I suspect most of those connected with the development of new pipelines are concerned for the next 5-15 years. Beyond that is too far into the future to consider. They want their incomes and returns ‘now’.
$1 trillion in oil and gas pipelines worldwide could become stranded assets, new report warns, by Sharon Kelly, February 8, 2021, Nation of Change, USA.