Saturday, February 8, 2014

.....Shale Boom is a dangerous waste of time and money.....



"Jeremy Grantham, whose GMO LLC investment firm manages $117 billion in assets, says the Great American Shale Boom is a dangerous waste of time and money."

"In his new letter to clients, Grantham explains why any country, from the U.S. to China, still going down the path of developing fossil fuels is walking into a trap."

Read more: http://www.businessinsider.com/grantham-against-shale-2014-2#ixzz2seTQMhtE

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