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Divesting From Energy Firms Counterproductive, Could Increase Emissions: Yale Professor

This post was originally published on this siteStudy finds that when high-polluting firms have easy access to public investor money, emissions go down By Deborah Jaremko Follow CEC on LinkedIn  CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Kelly Shue is a professor of finance at the Yale School of Management. Photo

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Goldman Sachs Expects OPEC+ Production Increases to Start in December

This post was originally published on this site(Reuters) – Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December instead of October, the bank said in a note on Friday. OPEC+ has agreed to delay a planned oil output increase for October and November, the producers

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U.S. Gulf Coast-Bound Fuel Oil Cargoes Hit 5-Yr Low as Refinery Demand Weakens

This post was originally published on this site(Reuters) – Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery demand as margins have softened, analysts said. Feedstocks like high sulfur fuel oil and other heavy residues can be refined into higher

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