Confidence is evaporating: How fossil fuel share offerings plummet $123bn since 2012

Michael Holder
clock • 4 min read

Finds raised through stock market flotations for companies involved in fossil fuels have dwindles, while clean energy IPOs begin to surge, analysis suggests

Evidence of the growing financial dangers of investing in oil, gas and coal continues to mount, with fresh analysis today showing the value of share offerings in firms involved in fossil fuels plummeted...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Risk

Credit: iStock

On temperatures, tides, seaweed, and supermarkets

The WMO's warning that the 1.5C warming threshold is set to be breached - at least temporarily - hits hard, but the lessons it contains should be obvious by now

James Murray
clock 18 May 2023 • 3 min read
Credit: iStock

London flood defence plan brought forward by 15 years due to growing climate threat

Environment Agency unveils updated Thames Estuary 2100 plan to accelerate London's flood defences in response to worsening climate threat and rising seas

Stuart Stone
clock 17 May 2023 • 4 min read
Credit: iStock

Why do asset managers backing net zero still have $417bn invested in oil and gas majors?

Net Zero Asset Managers signatories are risking their own reputation as well as their client's investments by continuing to back oil and gas majors to the tune of hundreds of billions of dollars, Carbon Tracker warns

Michael Holder
clock 05 May 2023 • 8 min read