Energy Producers: Policy Makers and Fossil-Fuel Investments

energy producers: By setting immediate bans on new fossil-fuel investments, labeling clean and dirty energy producers, and dumping unappealing stocks, the financial industry is redirecting huge flows of money from fossil fuels to low-carbon technology, according to Market Watch. Such decisions can ripple across economies. Financial giants from Europe, China, Japan, the United States, Australia, and elsewhere can see the looming risks and rewards, and they are not waiting on policy makers to signal what needs to be done. Although the world is not reducing greenhouse-gas emissions to the extent needed to limit catastrophic global warming, major financial players are finally starting to make the shift away from fossil fuels. Consider, for example, the split between state and private energy finance in India. With recent divestment decisions now rippling across economies, hope of achieving a carbon-free energy future is not lost. (news.financializer.com). As reported in the news.