Wall Street Demands Answers From Fossil Fuel Producers on ‘Unburnable Carbon’

Groundbreaking initiative is forcing an investor rethink: What’s the value of fossil fuel stocks if companies must leave reserves in the ground? Pension fund investors supporting this initiative fear that with the growing awareness of climate change lowering the demand for fossil fuels, the industry will suffer and will be a bad, long-term investment strategy.

By: InsideClimate News, Elizabeth Douglass
Date: October 24, 2013