New tool allows investors to factor a Carbon Bubble in portfolios

Image courtesy of Bloomberg L.P.

Last year the International Energy Agency (IEA) warned that a third of the world’s oil, coal and other fossil fuel reserves must remain untouched until 2050 to stave off catastrophic climate change. The idea of this finite “Carbon Budget” has become a key part of the U.N. Intergovernmental Panel on Climate Change’s (IPCC) recent assessment of climate change. Climate experts state that order to … [Read more...]