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



Atmosphere



6 August 2022

Steam rises from an oil refinement facility. Two American flags are displayed in an industrial setting with many pipes, tanks, and buildings.

The Marathon Petroleum Corp’s Los Angeles Refinery in Carson, California

Robyn Beck/AFP by way of Getty Pictures

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

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

By 24H

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