2min chapter

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Exxon Mobil - is good news priced in? Bull/bear thesis with David Alton Clark and Callum Turcan

Investing Experts

CHAPTER

ExxonMobil's Climate Change Impact on Oil and Gas

The asset retirement obligations for all energy companies are probably way lower than what they would need to be, assuming that it's impossible to quantify and qualify when these assets will get shut off. I do think that is a huge gray area and is something that's always going to loom over fossil fuel producers. We're still consuming over 100 billion barrels of like liquid fuels every day,. And China's reopening, we'll just keep driving it higher.

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