You can tell that the world’s turned on them, and it’s actually kind of happening very quickly,” said Cramer.
Climate campaigners drew attention to CNBC‘s Joe Cramer’s comments Friday that he’s “done with fossil fuels” because they’re “in the death knell phase.”
Cramer added that “the world’s turned on” the industry as they did with tobacco.
“They’re done,” Cramer said of fossil fuels on the network’s “Squawk Box.” “We’re starting to see divestment all over the world. We’re starting to see… big pension funds saying, ‘We not going to own them anymore.”
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Article URL : https://www.rawstory.com/2020/01/theyre-done-cnbcs-jim-cramer-says-fossil-fuel-industry-in-the-death-knell-phase/