Wednesday, 6 June 2018

Carbon Bubble => Financial Crisis?

This article from Edie posits the notion that technology and economics, not legislation, are now driving investment in low carbon energy production and that fossil fuel companies are sitting on a large inventory of essentially stranded assets. It suggests that the proverbial will hit the fan at some point potentially triggering a financial crisis. However, it also suggests that more political intervention is required if we are to keep within Paris agreement limits.

There have been good ethical reasons for a long time for examining one's investment portfolio but perhaps now is the time to do so again.

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