10 finance firms effectively own half of all future carbon emissions

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An analysis of the 200 largest fossil fuel companies has identified their top 10 most influential shareholders - suggesting a small minority of financial institutions could have an outsized influence in the transition away from fossil fuels

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Just 10 financial institutions own nearly half of the unburned fossil fuels from the world’s largest fossil fuel companies.is a list of the 200 largest fossil fuel companies, created by FFI Solutions, a sustainable investing firm. Combined, the companies own 98 per cent of known fossil fuel reserves, an amount that would emit 674 gigatonnes of carbon if burned – nearly triple the

 

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Very misleading a lot of carbon is escaping now from landfills and parts of the Earth due to warming, I think the % in your facts might be off. Look at the increace in carbon emissions in China India n Russia n you will also see huge increases.

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10 finance firms effectively own half of all future carbon emissionsAn analysis of the 200 largest fossil fuel companies has identified their top 10 most influential shareholders - suggesting a small minority of financial institutions could have an outsized influence in the transition away from fossil fuels Very misleading a lot of carbon is escaping now from landfills and parts of the Earth due to warming, I think the % in your facts might be off. Look at the increace in carbon emissions in China India n Russia n you will also see huge increases.
Source: newscientist - 🏆 541. / 51 Read more »