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Investors: Can Oil Companies Thrive in Warming World?

2013-10-24 23:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: Will ExxonMobil, Peabody Energy and the world's 43 other largest fossil fuel companies be able to thrive in a business climate heavily affected by global warming? That's a question a coalition of investors, led by the sustainable business advocacy group Ceres, is asking those companies, demanding to know if they can be viable if markets or government-imposed mandates prevent them from burning all of their proven carbon reserves. "Investors are asking fossil fuels companies, what is your plan...

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