Oil and gas firms labelled 'non-renewable' on London Stock Exchange

Michael Holder
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Some argue the reclassification could negatively affect oil and gas firms
Image:

Some argue the reclassification could negatively affect oil and gas firms

Energy firms reclassified as either 'renewable' or 'non-renewable' as pressure increases on fossil fuel sector to decarbonise

The London Stock Exchange (LSE) has updated its classification of oil and gas companies as "non-renewable", in a move that highlights the growing investor pressure on fossil fuel firms to shift towards...

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