10 finance companies successfully personal half of all future carbon emissions

An evaluation of the 200 largest fossil gas firms means that simply 10 shareholders may affect the destiny of almost half of the world’s remaining fossil fuels

By James Dinneen

Simply 10 monetary establishments personal almost half of the unburned fossil fuels from the world’s largest fossil gas firms.

The Carbon Underground 200 is a listing of the 200 largest fossil gas firms, created by FFI Options, a sustainable investing agency. Mixed, the businesses personal 98 per cent of identified fossil gas reserves, an quantity that may emit 674 gigatons of carbon if burned – almost triple the world carbon emissions limits wanted to constrain world warming inside the 1.5°C …