| Create a Free Account or Sign In to connect and share in green living and alternative energy forum discussions. |
0
Fossil Fuel Investments Worthless?
Views: 309
Jul 14 2015 01:35 PM | eds in Economy & Politics
The concept of a Carbon Bubble,
. . . meaning that as climate action takes hold, and
. . . fossil fuels become un-burnable,
. . . investments in those fuels become Stranded Assets,
. . . has been gaining credence of late.
Governor of the Bank of England says,
. . . many fossil fuel investments will be worthless,
. . . if we start taking the climate fight seriously.
Bank of America has pledged to stop funding coal mining.
. . . because it sees it as increasingly risky.
Chief economist at the International Energy Agency says,
. . . no company is immune from,
. . . the growing trend toward robust climate action:
07-14-2015 Source: Fossil Fuel Investments Worthless?
. . . meaning that as climate action takes hold, and
. . . fossil fuels become un-burnable,
. . . investments in those fuels become Stranded Assets,
. . . has been gaining credence of late.
Governor of the Bank of England says,
. . . many fossil fuel investments will be worthless,
. . . if we start taking the climate fight seriously.
Bank of America has pledged to stop funding coal mining.
. . . because it sees it as increasingly risky.
Chief economist at the International Energy Agency says,
. . . no company is immune from,
. . . the growing trend toward robust climate action:
07-14-2015 Source: Fossil Fuel Investments Worthless?
