Globe and Mail: Pension funds and other institutional investors are growing wary of an increasing "carbon risk" faced by coal and oil companies which confront a divestment movement that has gone mainstream and an uncertain future of climate-related regulations.
Investors managing some $2.6-trillion (U.S.) in assets have signalled their intention to shift focus away from fossil fuels, a report released at a United Nations climate session this week states. And resource companies will likely face more bad news later...