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The Guardian Environment·4 min read·medium

GB News co-owner ‘cashing in on climate chaos’ after leap in fossil fuel investments, critics say

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Damian Carrington and Sam Bright
GB News co-owner ‘cashing in on climate chaos’ after leap in fossil fuel investments, critics say
AI Summary

Critics are accusing GB News co-owner Sir Paul Marshall of profiting from climate change after his hedge fund, Marshall Wace, significantly increased its fossil fuel investments. The report notes a simultaneous decrease in the fund's investments in renewable energy.

Paul Marshall is the chair of the hedge fund Marshall Wace, whose declared holdings in fossil fuel companies almost tripled to $2.8bn in the first quarter of 2026. Paul Marshall is the chair of the hedge fund Marshall Wace, whose declared holdings in fossil fuel companies almost tripled to $2.8bn in the first quarter of 2026. Fossil fuels GB News co-owner ‘cashing in on climate chaos’ after leap in fossil fuel investments, critics say Exclusive: Campaigners argue news channel’s attacks on climate action ‘work in financial interests’ of Sir Paul Marshall

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