HBS worldwide publications/ Environmental Justice

Marginal Oil: What is driving oil companies dirtier and deeper?

With conventional oil production in decline, the global oil industry is investing heavily in dirtier and riskier forms of unconventional oil such as heavy crude, tar sands, and oil shale. These investments pose a challenge to the climate, the environment, and local communities. This report is a document that describes the drivers behind marginal oil investments and gives an overview of existing and potential projects across the globe