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Oil is polluting investment portfolios as well as the planet

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A report from Carbon Tracker highlights the miserable performance of fossil fuel investments and shows a marked decline in share issues. But the sector still has supporters among banks seeking to turn a quick profit, writes JimMooreJourno

hey used to call it “black gold”, but oil’s lustre has faded dramatically over the past decade, and the same is true of other fossil fuels.

 

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