The concepts of a ‘carbon bubble’ and ‘stranded assets’ may seem devilishly complex even for Cityย slickers.
But the non-profit financial think tank Carbon Tracker has today released a video explaining the risks faced by investors in a way that a particularly astute child might wellย understand.
The film, Fossil Fuel: A Risky Business, was released on YouTube with the following statement: โThe fossil fuel industry is inflating a ‘carbon bubbleโ based on risky demand and priceย assumptions.
โAlready under current climate policy settings, companies risk wasting over $1 trillion over the nextย decade.ย
โIf the policy settings are ratcheted up โto reflect a two-degrees target then the amount at risk rise dramatically to $20 trillion plus.ย Did you know that your money could be at riskย too?โ
We can only assume the production was made with recycledย paper.ย
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