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Oil Giants Risk Going Bust for Failing to Follow Paris Targets

Investors exposed to trillion-dollar losses from stranded assets and heightened insolvency risks if oil firms continue to ignore climate change.

Major oil firms have been told to ‘wake up’ to the realities of global warming and halt investment in new production if they want to stay in business. A new report from UK-based think tank Carbon Tracker – Adapt to Survive – warned investors that companies have failed to grasp…

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