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Why coal and many oil investments are losing luster

2014-02-24 07:54:00| Climate Ark Climate Change & Global Warming Newsfeed

CNN: Many who worry about climate change have long been puzzled by the hundreds of billions of dollars that coal, oil, and gas companies routinely spend on developing their reserves, and finding and developing new reserves. These investments seem unstoppable, despite countless warnings that carbon emissions damage the global environment and economy. Recently, however, key investors have pulled back on investments in coal and oil -- an unfolding trend that could potentially help negotiators working...

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