Firms must justify investment in fossil fuels, warns Carney

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Outgoing Bank governor says financial sector cutting back too slowly on investing in oil

The outgoing governor of the Bank of England, Mark Carney, has said all companies and financial institutions must justify their continued investment in fossil fuels, and warned that assets in the sector could end up “worthless”.

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That’s correct. So too should governments ...

Why?

LOL, chilly CONcarney...shillin' for the rothschilds and pushin' the club of rome bullshite...as usual

Unless it’s a German firm.

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