Interests behind fossil-fuel extraction for fossil fuel phaseout. Fossil fuel interests are often identified with a few powerful companies and oil-rich countries; therefore, policies aimed at reducing fossil fuels on the supply side tend to be focused on this small group of actors with vested interests. However, most companies are owned by shareholders (often via funds), to earn profits. As a result a much larger group of person have vested financial interests in the continuation of fossil fuel extraction. Watch the Ted Talk.