Along with 25 years of asset management experience, Mark Campanale, founder and executive chair at the Carbon Tracker Initiative, is passionate about climate change. In 2011, he and his team at Carbon Tracker published the award-winning report, "Unburnable Carbon—Are the World's Financial Markets Carrying a Carbon Bubble?" At the time, Campanale found that the world had used over a third of its 50-year carbon budget, and all remaining fossil fuel reserves held by private and public companies exceeded the remainder. He believes corporations, which have taken a heavy toll on the environment in the past century, have not paid their portion of the costs; however, with the green energy transition, major risks are posed to the viability of fossil fuel companies, putting their shareholders and creditors also at risk. Time is running out—Campanale discusses why these companies will continue to come under pressure with the decarbonization movement. Interviewed by Jack Farley on August 13, 2021.