Market Views: Are fossil fuels worth the risk?

Fossil fuel assets have long played a large role in investment portfolios, and continue do so, albeit amid negative sentiment growing around the sector. BlackRock, State Street and Vanguard manage $300 billion worth of fossil fuel investment combined, The Guardian reports, while the thermal coal, oil and gas reserve holdings through the companies the managers look after have jumped 34.8% since 2016. Yet as the concept of responsible investing gains momentum, some investors have …