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

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.
Why it matters
It raises questions about the potential conflict of interest between media ownership and financial investments in industries that are frequently the subject of editorial coverage.
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
The framing focuses on the 'climate chaos' narrative and highlights a perceived conflict of interest, which is a common critique from environmental advocacy perspectives.
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