With Fossil Fuel Companies Facing Pressure to Reduce Carbon Emissions, Private Equity Is Buying Up Their Aging Oil, Gas and Coal Assets

InsideClimate News
By By Nicholas KusnetzOct 24, 2022, 9:00 am561 ptsHotTop
Environmentalists fear the sell-offs could keep those facilities operating for years into the future, worsening climate change. By Nicholas Kusnetz When Continental Resources announced a deal last week to take the oil company private, it joined a trend that has swept across the fossil fuel sector in recent…

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