Thread by @FerretScot

➡️ 🛢️ NEW: The UN climate envoy, Mark Carney, is a senior leader at an investment firm which owns a key piece of infrastructure set to be used at a controversial new oil field in the North Sea.

theferret.scot/carneys-firm-i…

Campaigners said The Ferret’s findings “make a mockery” of Carney’s role as a climate figurehead. They also questioned how global climate leadership can be trusted to be “unbiased and sufficiently ambitious” when key leaders have such close links to the fossil fuel industry.

Carney — who was governor of the Bank of England between 2013 and 2020 — is the UN’s special envoy on climate action and finance. He joined Canadian investor Brookfield in 2020 as vice-chair and head of transition investing.

But a Ferret investigation has found that Brookfield owns the floating vessel which will process oil from the proposed Rosebank oil and gas field off the coast of Shetland.

Although Rosebank is yet to receive approval from UK regulators, it is expected to yield twice as much oil in its first phase as the much-maligned #Cambo field.

According to @RyanMorrison29 at @FoEScot progressing with Rosebank would be “pouring fuel on the climate crisis that is engulfing the world”.

@RyanMorrison29 @FoEScot To read this story and all of @FerretScot coverage of the climate crisis, become a member for just £5 a month below 👇

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