Carbon Capital: Climate Change and the Ethics of Oil Investing by Sean Field instant download

Carbon Capital: Climate Change and the Ethics of Oil Investing by Sean Field instant download

Surprising insights into the worldviews of oil and gas financiers
It is no secret that the fossil fuel industry, whose products power modern America both physically and financially, inflicts immense destruction to our environment. The past, present, and future of US energy have been determined not just by engineers, but by financiers, an under-studied group of energy investors.
Drawing on four years of ethnographic work in Houston, Texas, the financial center of the oil industry, Carbon Capital explores how oil financiers decide what a good investment is, and how they incorporate ethics into their decision making. While many who are concerned about climate change see those involved in the gas and oil industries as immoral profit chasers who do not care about the environment, the author finds that this is not the case. His interviews and observations demonstrate that the people who finance the energy industries are actually deeply concerned with ethics. They...