FTSE reclassifies LSE oilers as "non-renewable"

OILERS listed on the London Stock Exchange have been re-categorised by Index provider FTSE Russell as “non-renewable energy” in a move that dumps oil and gas companies in the same basket as coal producers.

FTSE reclassifies LSE oilers as "non-renewable" FTSE reclassifies LSE oilers as "non-renewable" FTSE reclassifies LSE oilers as "non-renewable" FTSE reclassifies LSE oilers as "non-renewable" FTSE reclassifies LSE oilers as "non-renewable"

 

Gas companies have been working hard not just to avoid coal's fate but to suggest they are its cleaner and friendlier alternative, pointing to the millions of tonnes of CO2 saved via