fossil fuels Archives - Americans for Financial Reform

News Release: Report Outlines KKR’s Harm to Frontline Communities As it Continues to Center a Fossil Fuel Strategy

FOR IMMEDIATE RELEASE September 7, 2023 CONTACT William Pierre-Louis, Jr. (347) 499-7874 william@ourfinancialsecurity.org Report Outlines KKR’s Harm to Frontline Communities as it Continues to Center a Fossil Fuel Strategy Washington, D.C. – Private equity behemoth KKR’s portfolio companies have committed numerous environmental violations and engaged

News Release: Investigation Exposes Carlyle Group’s Hidden Climate Impact

A new investigation released today reveals that the Carlyle Group (Carlyle), a private equity titan with $373 billion in assets under management, has been quietly scooping up fossil fuel assets over the past decade, in contravention of its stated climate goals.

Report: Private Equity Ownership of U.S. Power Plants: A Hidden Climate Threat

Private equity investment firms have quietly bought up close to 700 predominantly fossil fuel-fired electric power plants, making these Wall Street investment houses major greenhouse gas emitters.