Story perspectives
20 Private Equity Firms Control Fossil Fuel Emitting 1.5B Tons
By Drooid · · How we work
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Story summary
- Private equity firms invest in fossil-fuel assets that emit 1.5 billion tonnes CO2 annually.
- The 20 firms manage $7.3 trillion in assets and own 15,000 miles of pipelines.
- They control 124 GW across 370 fossil-fuel plants.
- Oil-and-gas transportation deals reached $4 billion Jan-Aug 2025, up from $3 billion 2024.
- Matt Parr of Private Equity Stakeholder says the sector lacks scrutiny and prolongs fossil-fuel projects.
