The fossil fuel industry is inflating a ‘carbon bubble’ based on risky demand & 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 2 degrees target then the amount at risk rise dramatically to $20 trillion plus.
Did you know that your money could be at risk too?
An interesting video commissioned by Carbon Tracker and produced by Bee Environmental Communications, explains why dirty Fossil Energy is becoming increasingly risky business for investors and the world alike.