NewsNuggs.com Fire Emoji Icon
Stay informed, not overwhelmed!

✨ Get the Full NewsNuggs Experience ✨

Exclusive content, personalized news, and advanced features only available in the iOS app

📱 Download on the App Store

Private Equity Firms Channel US Workers' Savings Into Fossil Fuels

Private equity firms invested $1tn in the energy sector since 2010, using public workers' retirement savings in fossil fuel projects creating a billion tonnes of emissions annually. Researchers found transparency lacking, with firms like EIG and Carlyle heavily involved in high-emission assets. .