Friends of the Earth
A report by Friends of the Earth titled “Shell’s carbon bubble” shows that capital invested in the oil company is at risk of seeing no return on investment.
Another recent report by London-based think tank Carbon Tracker Initiative found that fossil fuel companies bet more than $ 1 trillion on high-risk oil projects over the next decade. It warned investors of the high demand and price assumptions that these spendings are based on, which risks investors’ capital being wasted. The report identified Royal Dutch Shell as one of the top three oil companies with the highest risk.