Popular ESG Funds Do Little To Curb Oil Demand

April 7, 2022 Siddhant Goyal

Date of Publication: Dec 30, 2021

Author: Dan Eberhart

Summary:

With ESG-focused exchange-traded funds attracting about $120 billion globally last year, oil and gas producers can no longer afford to ignore the trend. So far, U.S. producers have responded by cutting spending on new drilling projects and allocating more capital on clean energy ventures.

Link to Full Reading:

https://www.forbes.com/sites/daneberhart/2021/12/30/popular-esg-funds-do-little-to-curb-oil-demand/