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Fossil fuel giants face climate stress test call at UN summit

2014-01-14 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: The worlds 48 leading fossil fuel companies will be asked to run a 'climate stress test` at a summit hosted at UN Headquarters in New York on Wednesday. Fund managers and investors attending the meeting want oil and gas majors to assess how compatible their assets are with global efforts to avoid dangerous levels of warming. US low carbon business group CERES, which runs a network of investors worth $12 trillion, is organising this week`s event. Its chief Mindy Lubber told RTCC the financial...

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