Find more information on the issues deeply affected by private equity investments:
Public could face up to a $380M bill if buyout firms leave western communities with abandoned wells as investors use greenwashing to promote fossil fuel expansion Investments by private equity firms in nearly 2,700 oil and gas wells…
Investments by private equity firms in nearly 2,700 oil and gas wells on federal and tribal lands across the western United States could leave taxpayers with a cleanup bill of up to $380 million, according to a new report released…
According to a new OilPrice.com story, mergers and acquisitions (M&A) in Asia have experienced a significant decline this year, with total M&A value dropping by 41% year on year to $362 billion, the lowest…
Rubenstein to leave Harvard Corp, following calls by advocates and community groups for him to resign over massive fossil fuel investments The Carlyle Group’s co-founder, billionaire David Rubenstein will step down from the Harvard Corporation’s board with six years remaining…
Along with new reports on the climate risks private equity firms pose with their fossil fuels investments, PESP strives to be a resource to institutional investors whose capital is used to fund these energy acquisitions. The Private Equity Climate…
A new investigation released by the Private Equity Climate Risks consortium revealed that The Carlyle Group, a private equity titan with $373 billion in assets under management, has been quietly scooping up fossil fuel assets over the past decade, in contradiction…
Private equity firm The Carlyle Group reported earlier this week that its fundraising declined by 48% over the last twelve months through March 2023.[1] Carlyle reported raising $27.6 billion during the twelve months ending March 31, 2023…
Exposing a decade of fossil fuel investments Carlyle stands out among large diversified private equity firms as having one of the largest energy portfolios—most of it devoted to fossil fuels. DOWNLOAD THE NEW CARLYLE REPORT …
Private equity firm’s previously undisclosed energy impacts pose risks for investors and exacerbates the climate crisis. Carlyle remains one of the largest owners of gas-fired power capacity in the U.S. A new investigation released today…
On Thursday, March 2, Nichole Heil, PESP climate researcher/campaigner gave testimony in support of proposed legislation in the Oregon House of Representatives, HB 2601. As written, the bill would require the Oregon State Treasurer to exit from certain carbon-intensive…
The Private Equity Stakeholder Project will give testimony in support of proposed legislation in the Oregon House of Representatives, HB 2601, which is being heard in the Committee on Emergency Management, General Government,…
The Carlyle Group’s profits were propped up by fossil fuel investments which generated over $660 million for the firm in 2022, and executives confirmed they are “optimistic” about Carlyle’s energy platforms. Investment income from its oil & gas subsidiary…
