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Soros Fund’s Climate Plan Shows Messiness of Financed Emissions

The $28 billion fund wants to reach net-zero emissions by 2040, but getting there will be complicated.

George Soros.

George Soros.

Photographer: Simon Dawson/Bloomberg
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Investors managing $130 trillion have committed to reach net-zero emissions by 2050. But lots of questions remain: How should financiers count their share of responsibility for the warming impact of the companies they support? Is it better to urge businesses to take stronger climate action, or to stop funding them entirely?