Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors
Green Car Congress
DECEMBER 19, 2010
The Obama Administration’s recent extension of the offshore oil-drilling moratorium through 2011 has also renewed investor interest in on-shore oil reserves. More than 25 companies are involved in oil shale development. Market Risks : The economic competitiveness of oil shale and CTL is contingent on high oil prices.
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