Carbon bubble will plunge the world into another financial crisis – report Trillions of dollars at risk as stock markets inflate value of fossil fuels that may have to remain buried forever, experts warn Global stock markets are betting on countries failing to adhere to legally binding carbon emission targets. …
Why Is It So Easy to Save the Banks – but So Hard to Save the Biosphere?
We at Ethical Markets Agree with Monbiot! Hat tip to our colleague, Paul H. Ray, – Editor Climate change crisis is accelerating, and the nations of the world are dragging their feet at what ought to be climate action conferences, so we are falling ever farther behind. Why? It appears …
A profound contradiction at the heart of climate change policy
December 8, 2011 8:25 pm A profound contradiction at the heart of climate change policy By Nicholas Stern As the negotiations at the UN climate change summit in Durban reach the critical stage, we must not overlook a fundamental contradiction between the way global fossil fuel reserves are evaluated and …