Tuesday, 20 May 2025

Oiling the 'Green'?

 


As one might predict, European ‘green’ investments such as Sustainable Global Stars and Europe Climate Pathway hold billions in oil and gas shares. It’s estimated they have more than £33bn in fossil fuel investments (https://www.theguardian.com/environment/2025/may/18/revealed-european-green-investments-hold-billions-in-fossil-fuel-majors). Investment companies are designed to maximise their profits. Claiming to be motivated by environmental issues is consequently a marketing tool. It’s effectively ‘greenwashing’ in its purest sense!


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