If action is taken to keep global warming below 2C, Shell estimates, it will need to write down the value of its upstream hydrocarbon assets by 19% or $17bn. Across natural gas business as a whole, the potential writedown is $16bn= 25%
ft.com/content/cdb98e…
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v. Russian attack. See Chartbook Newsletter