Weaning Ourselves off Fossil Fuels Is Going to Hurt

30 May 2022 | Abstracted from Mother Jones

"The researchers estimated that existing oil and gas projects worth $1.4 trillion would lose their value if the world moved decisively to cut carbon emissions and limit global heating to 2C. By tracking many thousands of projects through 1.8 million companies to their ultimate owners, the team found most of the losses would be borne by individual people through their pensions, investment funds, and shareholdings."

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