Europe's top firms must double low-carbon investment: study
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LONDON (Reuters) - Europe's top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission's flagship goal of 'climate neutrality' by 2050, according to a report released on Tuesday.The major study of 882 publicly-traded companies across multiple sectors by climate research provider CDP and consultancy Oliver Wyman showed they spent 124 billion euros (103 billion pounds) on capital investment and research and development in 2019.That..