Finance
Wall Street’s $22 Trillion Carbon Time Bomb
It’s not just the moral imperative of dumping fossil-fuel producers anymore. Now it’s a matter of financial health.
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The clock is ticking for banks, insurers and asset managers still providing support to oil, gas and coal producers. It’s not just the moral imperative—that fossil-fuel use is destroying the atmosphere and life on Earth with it. It’s that their financial health requires leaving such companies behind.