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A report by Global Energy Monitor (GEM) examines how nominee companies—middlemen that hold shares in name only—are used to obscure the identity of actual investors in Australian fossil fuel assets. The analysis finds that these structures hide the ownership of assets responsible for approximately 18% of Australia's national fossil fuel CO2 emissions.

A report by Global Energy Monitor (GEM) detailing how nominee companies—middlemen that hold shares in name only—are used to obscure the identity of investors in Australian fossil fuel assets. The report highlights that these structures mask ownership for a significant portion of Australia's fossil fuel emissions and are primarily operated by major global banks.

A report by Global Energy Monitor (GEM) reveals that major oil and gas power plant owners use accounting loopholes in the Greenhouse Gas (GHG) Protocol to hide billions of dollars in climate costs. By analyzing five top companies using the Global Energy Ownership Tracker and Climate TRACE data, GEM identified 10.7 million tonnes of undisclosed CO2 emissions for 2022, representing $2 billion in annual social costs.