A firm with the biggest carbon footprint seeks cash to grow just as the fight against climate change needs it to shrink Saudi Aramco gets go ahead for $1.5tn listing Roll up! Roll up! The world's biggest climate polluter, Saudi Aramco is poised to announce the world's biggest stock flotation in an ultimate marriage of carbon and capital. Any institution with tens of millions of dollars and few qualms about the environment is invited. Entry is not as exclusive as it sounds. Individuals with a lot...
Saudi Aramco IPO: the ultimate marriage between carbon and capitalism
The Guardian - 3 Nov 2019 14:49
A firm with the biggest carbon footprint seeks cash to grow just as the fight against climate change needs it to shrink Saudi Aramco gets go ahead for $1.5tn listing Roll up! Roll up! The world's biggest climate polluter, Saudi Aramco is poised to announce the world's biggest stock flotation in an ultimate marriage of carbon and capital. Any institution with tens of millions of dollars and few qualms about the environment is invited. Entry is not as exclusive as it sounds. Individuals with a lot...
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