Private Equity's Dirty Little Secret: Powering the AI Revolution on Fossil Fuels A recent report by the Private Equity Climate Risks Consortium reveals a disturbing trend: the world's top 20 private equity firms produce more greenhouse gases in a year than most countries, with the exception of China, the US, India, and Russia.
These firms manage $7. 3 trillion in assets, positioning them to shape the transition away from fossil fuels, yet they continue to invest in polluting energy infrastructure.
The scale of their influence is staggering: 1. 5 billion tons of greenhouse gases annually.