A new report by the Rainforest Action Network has revealed that investments in “extreme” fossil fuels have skyrocketed to $115 billion globally amid President Trump’s first year in office. Investments in tar sands—one of the dirtiest fossil fuels—have more than doubled. The report details how many investors and banks began increasing their fossil fuel investments after President Trump promised to pull the United States out of the landmark Paris climate accord.
Report: Investments in Extreme Fossil Fuels Skyrocketed in Trump’s 1st Year in Office
HeadlineMar 28, 2018