Soros Fund Management reported investments in eleven new fossil corporations George Soros founded and operates his own climate change advocacy group The billionaire invested $54 million in Columbia Pipeline in 2016.
George Soros made big investment bets on fossil fuel companies in the fourth quarter of 2017 even though he claims these firms contribute to climate change, according to a Daily Caller News Foundation investigation.
In the last quarter of 2017, Soros Fund Management reported investments in eleven new fossil corporations totalling nearly $160 million, according to his company's December 31, 2017, filing before the Securities and Exchange Commission reviewed by TheDCNF. His investments in fossil fuels undermines his public pledge to use his money to eliminate the oil, gas and coal industries, claiming they threaten the planet by accelerating climate change.
His financial investments in for-profit fossil fuel companies in a single quarter overshadow these contributions.
His company's second biggest energy investment was Halliburton, one of the world's largest oil exploration and drilling companies.
Soros not only invested in oil and natural gas companies, but also into coal.
Despite his public statements, he says Soros "Likes to hedge his bets. Soros is avaricious enough to buy coal company stock and keep the sector afloat for a while."
http://dailycaller.com/2018/02/19/george-soros-fossil-fuel-investments/
George Soros made big investment bets on fossil fuel companies in the fourth quarter of 2017 even though he claims these firms contribute to climate change, according to a Daily Caller News Foundation investigation.
In the last quarter of 2017, Soros Fund Management reported investments in eleven new fossil corporations totalling nearly $160 million, according to his company's December 31, 2017, filing before the Securities and Exchange Commission reviewed by TheDCNF. His investments in fossil fuels undermines his public pledge to use his money to eliminate the oil, gas and coal industries, claiming they threaten the planet by accelerating climate change.
His financial investments in for-profit fossil fuel companies in a single quarter overshadow these contributions.
His company's second biggest energy investment was Halliburton, one of the world's largest oil exploration and drilling companies.
Soros not only invested in oil and natural gas companies, but also into coal.
Despite his public statements, he says Soros "Likes to hedge his bets. Soros is avaricious enough to buy coal company stock and keep the sector afloat for a while."
http://dailycaller.com/2018/02/19/george-soros-fossil-fuel-investments/
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