10 finance firms effectively own half of all future carbon emissions

  • 📰 newscientist
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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

Robyn Beck/AFP via Getty Images

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 541. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »