A new report from researchers at the University of Waterloo finds that the world's 10 most powerful investors own nearly half of all potential emissions from the world's largest energy firms.
The report, published in the Journal Environmental Innovation and Societal Transitions, says that governments, investment advisers, and sovereign wealth funds from around the world own 49.5% of potential emissions from the world's largest energy firms, including Exxon Mobil, BP, and Chevron, the CBC reports.
The researchers, who hail from Canada's University of Waterloo and the University of Texas at Austin, say the top 10 investors have a "decisive role" to play in helping the world de-carbonize.
(Here's how to reduce your own carbon footprint.)
A customized collection of grant news from foundations and the federal government from around the Web.
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.