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Why don't these people just do a buy-out at market price and then shut it down. Only burning their own money in process.
by Ekaros 3y ago
Why don't these people just do a buy-out at market price and then shut it down. Only burning their own money in process.
- DoingIsLearning 3y agoIt is unrealistic to think they would not be bailed out. Oil and gas have an intrinsic geopolitical value. What we need is to see a legitimate roadmap towards sunsetting both from companies and govs.
- ithkuil 3y agoThey wouldn't necessarily have to burn their entire stake since those companies have huge infrastructures that can be repurposed or leveraged in order to make strategic investments in alternative ventures, so ultimately there may even be a net win for the stakeholders