As world leaders enter the home stretch of the Paris climate negotiations they should keep in mind a key measure of success in limiting carbon emissions: cheap oil. The lower the global price of oil, the more it stays in the ground – due to the brutal, if counterintuitive, logic of the petroleum marketplace. Most of the easily extracted oil deposits are long gone. What are left are high-cost, high-risk long shots such as the Alberta tar sands, deep-water reservoirs off Brazil, and drilling the high Arctic. Companies hoping to profit from the last dregs of the petroleum age need to convince their investors to part with massive amounts of capital in hopes of competitive returns often decades down the road. Billions have already fled the Alberta oil sands in the last year as the global price of oil collapsed from over $100 per barrel to below $40. Shell has just called a halt to its Carmon Creek project in Northern Alberta, writing off $2bn in booked assets and 418 million barre...
Agri. Education Pakistan (An Online Subsidiary of BinQain Agro Services) is a social entrepreneurial project. Our objective is to offer sustainability in happiness, health and economy by producing a new breed of Agripreneurs. We provide consultancy and guidance for; Landscaping, Plant Nursery, Kitchen Gardening, Mushroom Farming, Avocado Farming, Citrus Plant Nursery, Massive Open Online Courses, Agriculture Consultancy, Android Applications for Agriculture