The Global Fund’s Investment of Billions of Dollars in Environmentally Unfriendly Oil Companies

environment

According to a recently published report, financial firms that publicly support efforts to limit global warming, including some of their environmentally friendly products, have poured billions into the world’s largest oil and gas companies. The analysis found that the 25 members of NetZero Asset Managers, an international asset managers group, have a total of $417 billion in assets in 15 oil and gas firms, including ExxonMobil and Total Energies.

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