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
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 …