Firms may be forced to disclose fossil fuel exposure

UK energy secretary Ed Davey has called for a debate on forcing companies to disclose their exposure to fossil fuels so that investors know the risks they face as cleaner forms of energy are required.

“There’s a case for making it mandatory,” Mr Davey said in Lima, Peru, where he was attending talks about global warming organised by the UN.

“In the interests of pensioners, their precious savings, they need to know if there are extra risks that are attached as we transition to a low-carbon economy.”