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the carbon bubbles
The carbon bubble is a hypothesized bubble in the valuation of companies dependent on fossil-fuel-based energy production, because the true costs of carbon dioxide in intensifying global warming are not yet taken into account in a company's stock market valuation.Currently the price of fossil fuels companies' shares is calculated under the assumption that all fossil fuel reserves will be consumed.
A planned and orderly transition away from dependence on fossil fuels could prevent a disruptive "bursting of the carbon bubble" and prevent future generations paying the cost.
Author: Nigel Pugh
All rights reserved Nigel Pugh
Photo size: 21.5 Mpixels (61.4 MB uncompressed) - 3804x5642 pixels (12.7x18.8 in / 32.2x47.8 cm at 300 ppi)