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

onJun 24, 2015 @ 00:56 PDT

The concepts of a ‘carbon bubble’ and ‘stranded assets’ may seem devilishly complex even for City 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 well understand.

The film, Fossil Fuel: A Risky Business, was released on YouTube with the following statement: “The fossil fuel industry is inflating a ‘carbon bubble’ based on risky demand and price assumptions.

“Already under current climate policy settings, companies risk wasting over $1 trillion over the next decade.

“If the policy settings are ratcheted up ‎to reflect a two-degrees target then the amount at risk rise dramatically to $20 trillion plus. Did you know that your money could be at risk too?”

We can only assume the production was made with recycled paper.

By Brendan Montague

How Italy’s largest fossil fuel company uses 'green' bonds as a loophole to keep financing hydrocarbons

ByStefano Valentino and Giorgio Michalopoulos

onSep 16, 2024 @ 12:39 PDT

Both private and institutional investors have poured billions into Eni's "green-labelled" bonds, under terms and conditions that enable it to continue to fund carbon-emitting activities.

uk/Nigel Farage Goes on Pro-Fossil Fuel Rant at Fundraiser for Climate Denial Group

BySam Bright and Adam Barnett

onSep 14, 2024 @ 03:44 PDT

Tickets at the event in Chicago cost up to $50,000 for the chance to have dinner with the Reform UK leader.

us/Violations Discovered at Nation’s First Carbon Capture and Storage Project

BySharon Kelly

onSep 13, 2024 @ 12:29 PDT

Corrosion issues in a deep monitoring well were discovered in March, raising concerns that early issues could be a sign of major problems to come as CCS and monitoring wells age.