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词汇 Carbon bubble
分类 英语词汇 英语翻译词典
释义

Carbon bubble

英语百科

Carbon bubble

Carbon Bubble according to data by the Carbon Tracker Initiative 2013.

A carbon bubble is the idea that there is a bubble in valuation of companies dependent on fossil-fuel-based energy production. This is because true costs of carbon dioxide in intensifying global warming are not 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. An estimate made by Kepler Chevreux puts the loss in value of the fossil fuel companies due to the impact of the growing renewables industry at US$28 trillion over the next two decades. A more recent analysis made by Citi puts that figure at $100 trillion.

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