A new report argues that “widespread deception by fossil fuel executives regarding the financial risks of climate change, represents a ticking time bomb that, if not addressed, could contribute to worldwide economic devastation.”
Financial markets
BP Will Survive, But What About the Others?
It is not rocket science that fickle City investors responded to the news of BP’s final plugging of the Macondo well by sending the company’s share price rising. BP’s share price rose by just under 2 per cent to $38.68, helping to recover a small portion of the billions wiped off BP’s market capitalisation during … Read More
“100 months to save the planet”
The clock is ticking. And is getting faster. We are entering the most serious global crisis since the Great Depression, at the same time as we face unprecedented climate change. Such is the need for urgent action that we only have only 100 months to save the planet, according to a new policy group called … Read More