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The exploration, production and use of hydrocarbons is fundamentally at odds with the Paris Climate Agreement. The Paris Agreement, signed in 2016, is an agreement within the United Nations Framework Convention on Climate Change (UNFCCC), whereby member countries have agreed to reduce global greenhouse-gas-emissions in an effort to reduce the harmful effects of climate change.

When investors think of growth industries, many probably imagine technology companies disrupting the old way of doing things, or perhaps real estate groups benefiting from a strong commercial real estate market.