Just from a market view, totally ignoring the "Life of the Entire Living Planet"
The Market Pressures are really coming to bear on so many fronts, that the affect is orders of magnitudes higher.
By the time the companies are writing off 20 Billion, it was already gone long ago.
they have exhausted all other efforts and see no relief from dumb trump.
The banks won't count it as asset, the market has degraded to such an extent that it's futures have permanently dissolved. Their books are going upside down.
The wave of nations pushing renewable is such that as a product it will never make a profit. Beside the fact the the market is so over stocked in reserves, that nobody is even pumping at capacity.
DAPL type projects are on the same curve, those folks are in for some industry killing losses. Think Peabody Energy, the world's largest private-sector coal producer, filed for bankruptcy on Wednesday in a U.S. court, citing "unprecedented" industry ..... Building for a dissolved market....wake up.
And why one wouldn't read the writing, reinvest in TESLA style technologies as a industry titan moving assets to the next wave of profits is truly stupid.
Rather like selling horseshoes into a car market. Even trump can't turn back this curve.
Then again, if they were truly intelligent, they would really be thinking about
"The Life of the Entire Living Planet"