"It said the decision was based on the efforts by the industry to prevent meaningful climate action by governments."
"LONDON — The Guardian newspaper said it would stop accepting advertisements from oil and gas companies, making it the latest institution to limit financial ties to fossil fuel businesses.
The announcement, the first of its kind for a British newspaper, highlights how the risk of climate change is increasingly recognized and discussed in the business world, just days after the subject took center stage at the World Economic Forum in Davos, Switzerland.
“Our decision is based on the decades-long efforts by many in that industry to prevent meaningful climate action by governments around the world,” said Anna Bateson, the acting chief executive, and Hamish Nicklin, the chief revenue officer, in a statement on Wednesday."
Amie Tsang and Stanley Reed report for the New York Times January 30, 2020.
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