A great read with a widely-applicable lesson: fossil industry has huge liabilities that get tend to get conveniently left out of asset valuations. At the same time, industry has no plan to pay for its liabilities - they're going to get dumped on the public one day. Maybe we can combine those facts?
Josh Lappen
New from me and @jmijin.bsky.social: the third in our series arguing for and explaining how to do a governance demonstration of public acquisition of US fossil fuel assets for managed decline.
We focus on Powder River Basin (PRB) coal assets and find market value is ~$0
