On Wall Street, the ‘energy transition’ includes natural gas and data centers

Grist ·
Good News United States

Blackstone, one of the largest private equity firms in the world, officially changed the name of its dedicated energy investment fund to include the phrase “energy transition” in 2022, having already ceased investing in oil and gas production five years earlier. The pivot toward a new energy future has not diminished interest in the fund. In mid-October, Blackstone announced that the fund pulled…

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