![](https://pestakeholder.org/wp-content/uploads/2023/02/Fracking-equipment-on-ground.jpg)
Despite climate pledges, half of Carlyle’s profits came from oil & gas subsidiary
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…