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Articles on Fossil fuel industry

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More countries are discouraging fossil fuel use, but the industry is still pumping. Leonard Ortiz/MediaNews Group/Orange County Register via Getty Images

Who really owns the oil industry’s future stranded assets? If you own investment funds or expect a pension, it might be you

A study found $1.4 trillion in oil and gas industry assets would be at risk if governments follow through on their pledges to deal with climate change.
The consensus-based nature of the UN climate change summits means any single country with a significant fossil fuel interest can either weaken or sink an otherwise stronger multilateral agreement. (AP Photo/Alberto Pezzali)

Climate change denial 2.0 was on full display at COP26, but there was also pushback

The recent climate conference in Glasgow, Scotland, shows that climate change deniers have shifted their tactics to thwart the efforts of countries to phase out fossil fuel use.
Both climate change and policies to prevent it can rattle the economy. Citizen of the Planet/Education Images/Universal Images Group via Getty Images

The next big financial crisis could be triggered by climate change – but central banks can prevent it

It isn’t just the effects of climate change that could destabilize the financial system, it’s also fossil fuel assets losing value. The good news is that central banks can fix it.

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