Follow The Money: What Is A "carbon Bubble?"

The fear is that because Big Oil and Big Coal companies are so big,
. . . that any sudden fall in their value, could precipitate a global financial crisis,
. . . in the same way as the "Housing Crash" did in 2007.
Up to $19 trillion of oil investments are considered at risk in a 2C scenario.

Big Oil doesn’t accept this, and
. . . Shell and ExxonMobil have protested to shareholders this year,
. . . that the carbon bubble scenarios and
. . . the concept of stranded assets is overdone.

But the concept of a “carbon bubble” has gained rapid traction in financial markets.
. . . It is taken seriously by the likes of:
. . . . . . Citigroup,
. . . . . . HSBC,
. . . . . . Deutsch Bank and
. . . . . . Kepler Chevreux, and ratings agencies such as
. . . . . . Moody’s are also raising their concern.

The Bank of England has revealed that it will broaden its investigation,
. . . into “un-burnable carbon,” and the potential that,
. . . continued investment in oil, coal and gas by global giants,
. . . could precipitate a share market crash, and
. . . become of the sub-prime crisis of the current economic cycle.

12-03-2014 Source:  What is a "Carbon Bubble?"