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The oil & gas industry likes to gaslight (ha) people into thinking they're fighting climate change, but it's a bizarre doublethink endeavour and they're mainly doing it for goodwill, government grants, and to levy more costs to the eventual consumers while reducing their own costs.

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Indeed, and when oil producing assets become increasingly stranded in the markets, the industry will not simply retire them at a loss. They will be sold on to buyers who face less regulatory oversight.

When the oil companies are finally out of the hydrocarbon game, they will have built their platform upon the biggest set of externalised costs in history, and their old assets will still be polluting in new hands.

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