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Top 20 private equity firms’s energy assets emit $1.5bn tons of greenhouse gas a year, analysis finds

Companies are boosting datacenters and fossil fuels and together manage $7.3tn in investments including fossil fuelsThe energy portfolios of 20 private equity firms produce 1.5bn tons of greenhouse gases a year, more than the annual emissions of any country except China, the US, India and Russia, according to a new report.Together, these firms manage $7.3tn in assets of all kinds, affording them the ability to shape the pace of the transition away from fossil fuels. However their energy investments include…

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Source: www.theguardian.com

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