Carbon bubble will plunge the world into another financial crisis – report | Environment | The Guardian

Trillions of dollars at risk as stock markets inflate value of fossil fuels that may have to remain buried forever, experts warn The world could be heading for a major economic crisis as stock markets inflate an investment bubble in fossil fuels to the tune of trillions of dollars, according to leading economists. "The financial crisis has shown what happens when risks accumulate unnoticed," said Lord (Nicholas) Stern, a professor at the London School of Economics. He said the risk was "very big  show all text

posted by friends:  (1)

posted by friends of friends:  (2)