World’s top 20 private equity firms produce more greenhouse gases a year than most countries, report finds

Firms manage $7. 3tn in assets and could afford to transition away from fossil fuels yet invest in natural gas and coal-fired plants to power datacenters The energy portfolios of 20 private equity firms produce 1.

5bn tons of greenhouse gases a year, more than the annual emissions of any country except China, the US, India and Russia, according to a new report. Together, these firms manage $7. 3tn in assets of all kinds, affording them the ability to shape the pace of the…