The fossil fuel industries and government leaders who shape national energy policy have known this for at least 50 years. There are no cost-effective technical fixes across the fuels’ value chain.

But these funds tend to have different definitions of what it means to be sustainable—they might focus on green bonds or ... 16 funds had no fossil-fuel involvement in their most recent portfolio.

They are used in cleaning our drinking water, treating sewage, processing foods and keeping pharmaceuticals safe—membranes ...