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Santos first target of wider fossil fuel exit campaign

Angela Macdonald-Smith
Angela Macdonald-SmithSenior resources writer

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Activist investor group Market Forces is widening its radical campaign that asks ASX-listed fossil fuel companies to plan for their own demise in order to align with Paris climate goals, kicking off with a resolution put forward to Santos.

Woodside Petroleum, Oil Search, Whitehaven Coal and New Hope Corporation will be among the others to be targeted by Market Forces this year in an expansion of the strategy it introduced last year to use “wind-down” resolutions to try to ensure global warming is limited to 1.5 degrees Celsius.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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    Original URL: https://www.afr.com/companies/energy/santos-first-target-of-wider-fossil-fuel-exit-campaign-20210202-p56yuz