October 24, 2022
How private equity is funding fossil fuels
Poor performance on an NGO-produced energy transition scorecard shows fossil fuels remain attractive for many investors in search of higher returns.
US private equity firms have invested more than $1tn in energy since 2010, with the lion’s share in fossil fuels and public service workers’ retirement savings making ...
Petrostates whose revenue is dependent on oil and gas must diversify their economies, Carbon Tracker warns, as leaders at COP28 are being urged by certain countries, progressive businesses and civil...Read more