excerpted from The Carbon Bubble
Recorded on March 2015

The Oil Industry Allocating Capital

Description 

"I think historically, the oil industry has done a pretty terrible job of allocating capital," said Kurt Billick, Chief Investment Officer at Bocage Capital.  "Our view is that at least and in the foreseeable future the demand for oil is going to grow about 1% a year which isn’t a particularly fast growth rate.  It‘s certainly far below trend GDP growth in the world."

Speakers at this Event

Chief Investment Officer, Bocage Capital

CEO, Carbon Tracker Initiative

Director of Global Governance, CalPERS