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Carbon Bubble

BP Invests $200 million in Solar Developer

Bob Leonard - Climate Risk Manager 01.08.2018

 

In 2011 Carbon Tracker first posited its “carbon bubble” theory, warning of vast stranded assets in fossil fuel industries if global temperatures are to remain “well below” 2 degrees Celsius. Since then, oil prices have plummeted, just as the global green economy has surged, with solar and wind power becoming some of the cheapest sources […]

 

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