The Carbon Bubble Explained In A Way Even City Investors Can Understand…

authordefault
on

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: โ€œThe fossil fuel industry is inflating a ‘carbon bubbleโ€™ based on risky demand and priceย assumptions.

โ€œAlready under current climate policy settings, companies risk wasting over $1 trillion over the nextย decade.ย 

โ€œIf the policy settings are ratcheted up โ€Žto 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 

Related Posts

Analysis
on

Itโ€™s a massive subsidy to Equinor, the Norwegian oil company behind the Bay du Nord offshore oil project.

Itโ€™s a massive subsidy to Equinor, the Norwegian oil company behind the Bay du Nord offshore oil project.
on

A new childrenโ€™s book by a Chevron-backed clean energy venture paints a sympathetic portrait of coal, oil, and gas.

A new childrenโ€™s book by a Chevron-backed clean energy venture paints a sympathetic portrait of coal, oil, and gas.
Analysis
on

Fossil fuel interests and climate science deniers have been leading the charge for more drilling.

Fossil fuel interests and climate science deniers have been leading the charge for more drilling.
on

After months of protests โ€” and a rushed legal deadline โ€” officials deny Texas developerโ€™s project as residents warn of pollution and impacts on wildlife, water, and power.

After months of protests โ€” and a rushed legal deadline โ€” officials deny Texas developerโ€™s project as residents warn of pollution and impacts on wildlife, water, and power.