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Fossil fuels vs renewables: What’s ahead for ASX energy shares? – The Motley Fool Australia
Does the world need more fossil fuels… or less? The outcome of this growing debate could help or hinder these ASX energy shares.
If you were running a successful, multi-billion company and someone asked what your plans were to wind it down, what would you say?
This isn’t a rhetorical question.
In fact, it is the gist of the demand Market Forces, an environmental activist investor group, is making to some of Australia’s biggest energy shares.
As the Australian Financial Review (AFR) reports, Market Forces is asking “ASX-listed fossil fuel companies to plan for their own demise in order to align with Paris climate goals”.
Their…
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