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GB News Owner’s Hedge Fund Has $2.2 Billion Fossil Fuel Investments

DeSmogBlog

Paul Marshall is the chairman and chief investment officer of Marshall Wace, a London-based hedge fund that he co-founded in 1997. Marshall Wace is now one of the world’s largest hedge funds – an investment vehicle that bets on rising and falling share prices – with around $63 billion (£51.9 billion) in fossil fuel firms.

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Prospective GB News Board Member is Fossil Fuel Investor

DeSmogBlog

The startup broadcaster has lost £76 million since its launch in 2021 and relies on the resources of Marshall and its other big stakeholder, UAE-based investment firm Legatum, to survive. This may have implications for how climate change is covered in the UK. billion invested in fossil fuel companies as of June 2023.

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Report: As Climate Crisis Expands, Canada Still Hands Billions to Fossil Fuel Industry

DeSmogBlog

Last year was one of the worst on record for climate change-related disasters, yet Canada’s federal government spent $18.6 billion supporting the fossil fuel and petrochemical industry. It is 10 times what the government has invested in climate change adaptation since 2015.

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Are lawyers and accountants doing enough on climate change?

GreenBiz

Are lawyers and accountants doing enough on climate change? When it comes to the climate crisis, it’s not just what you make and sell, it’s what you do, and for whom you do it. According to the group’s scorecard , Vault 100 firms: litigated 286 cases exacerbating climate change (versus three cases mitigating it).

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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Hunter Lovins. Thu, 08/13/2020 - 00:15. Is that possible? What happened?

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Give Climate Change the Name It Deserves: Fossil-Fueled Destruction

DeSmogBlog

The violence of the atmospheric shifts, their deeply uneven impacts and the implications of mass extinctions that are expected at current emission levels, add up to much more than “climate change.” Climate change” seemed to encompass more possibilities for derangements of the global ecosystem.

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Responsible Investing: How to Invest or Divest to Help Fight Climate Change

Green Business Bureau

The Urgent Problem of Climate Change. Our planet is changing. . We need to pay attention and change our behavior. Scientists warn that we are rapidly approaching critical tipping points in our climate system, which could result in adverse impacts such as droughts, floods, and extreme weather events.