More investors will spurn fossil fuels
2 Aug 2017
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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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