Carbon bubble
Mark Carney set for new ‘stranded assets’ intervention
NEWS: Bank of England governor to front debate on carbon bubble threat with UN climate chief one month before Paris summit
Credit agencies are ignoring climate risk – report
NEWS: Projects like Abbot Point coal port are getting investment grade status, but are incompatible with efforts to curb global warming
Fossil fuel giants reject calls to keep oil, gas and coal in ground
NEWS: Heads of Statoil, Glencore and Total use Paris summit to register climate concern but dismiss fears assets are dangerous
Norway urged to divest state pension fund from coal
NEWS: Analysis published ahead of a vote in Norway’s parliament argues coal is a financial and climate liability to be avoided
G20 to assess ‘carbon bubble’ threat – media reports
NEWS: United States, China, India, Russia, Australia, and Saudi Arabia to probe risks of stranded assets ahead of UN climate pact
BP adopts climate risk proposal after shareholder vote
NEWS: Oil major agrees at AGM in London to analyse which of its assets could be stranded by curbs on greenhouse gas emissions
BP shareholders to vote on climate risk disclosure
NEWS: Oil major backs proposal to reveal threat climate action poses to its business plan, for approval at AGM on Thursday
China’s dirty coal plants face climate risk, investors warned
NEWS: Chinese companies are most exposed to power stations threatened by environmental regulation, say Oxford University researchers
Bank of England: finance bodies should assess climate risk
NEWS: In discussion paper issued by UK’s central bank, finance world considers how it could green its investments
BP embraces climate change risk resolution
NEWS: Oil major supports “non confrontational” call from shareholders to disclose analysis of climate risk
BP silent on climate as low oil prices hit profits
NEWS: BP slashes spending but declines to follow Shell’s example in backing a shareholder campaign on climate risk disclosure
Shell backs climate change resolution filed by shareholder activists
NEWS: In a “huge victory” for campaigners, Shell supports call for deeper analysis into the climate risk for its business
Al Gore warns oil chiefs against climate denial
NEWS: At World Economic Forum in Davos, former US vice president accuses oil executives of “wishful thinking” on climate risk
UN climate chief: Carbon bubble is now a reality
NEWS: Christiana Figueres says there is evidence that fossil fuel investors are already being hit as projects become unviable
Investors question fossil fuel industry as renewables rise
NEWS: Increasing oil production but falling demand creates problems for fossil fuel industry as investors turn away from sector
Oilfield expansion unsustainable amid tumbling prices – OPEC
NEWS: OPEC president warns new oilfields could be unsustainable as prices fall to 4-year low, while activists target Exxon Mobil
Energy companies unprepared for climate risks – study
NEWS: Only 7% of coal, oil and gas companies have checked their projects are consistent with limiting dangerous global warming, says Carbon Tracker Initiative
Climate change is like Ebola – World Bank chief
NEWS: Slow response to both climate change and Ebola is killing people, warns Jim Yong Kim
Oil majors target King Coal in fight for climate high ground
NEWS: Statoil and Saudi Aramco use New York summit to sell gas as a lower carbon climate change solution
New York: where the carbon bubble threat goes mainstream?
ANALYSIS: Ban Ki-moon’s summit next week is a chance to alert financiers to climate risk, but will they get the message?