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London Stock Exchange Fossil Fuel Ban Bill
Replace Section 2: Prohibition
On December 31st 2025, the London Stock Exchange shall allow no new admissions to trade that are fossil fuel entities.
On December 31st 2050, all fossil fuel entities will be removed from the London Stock Exchange
EN: splits the timelines in two in line with the UK and European net zero goals. We can bring forward the timeline for new listings while recognising that the requirements to delist will significantly push up the cost of equity in the UK markets, not just for these fossil fuel entities but in the broader market. Therefore delaying the delisting requirements seems appropriate while remaining in line with our broader net zero goals.
Submitted by u/Rea-Wakey
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