Carbon News - Intelligence for the carbon market

More investors will spurn fossil fuels

Wednesday 2 Aug 17 11:00am

The hardware will fall into disuse and the money will dry up as fossil fuels wind down | Paul Heinrich


By PAUL BROWN | Shares in major oil and gas companies are expected to plunge in value in the next three to five years because of climate change-related financial risks, meaning more investors will spurn fossil fuels.

This is the verdict of British asset managers who control billions of pounds of investments in stock markets.

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Related Topics: Energy | Greenhouse Effect

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