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Elephant Stirring:Fossil Fuel’s Stranded Assetts Issue Looming

February 8, 2016

NASDAQ: Standard & Poor’s Ratings Services on Tuesday cut the ratings of 10 U.S. oil and gas exploration and production companies, citing the sharp drop in crude oil prices. Chevron Corp., the second-largest U.S. energy company by revenue, was among the companies that had their credit ratings cut. Its corporate credit rating was cut one…

Sourced through Scoop.it from: climatecrocks.com

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