You are here

Financial concept of 'carbon bubble' has humble beginnings

Risk of stranded carbon that may never be extracted has become a campaign to dump fossil fuel holdings
Tuesday, December 8, 2015 - 05:50

The coal industry is suffering the most. On the eve of the Paris conference, a US$34 billion state pension fund in Sweden pulled out of 28 coal companies, and insurer Allianz said it would cease investing in coal-heavy mining and utility firms.


PORING over a Bangladeshi flood map as a London financial analyst 12 years ago, Mark Campanale had no idea the moment would spawn a financial concept powerful enough to rivet central bankers, anger oil moguls and fuel a grassroots movement to get investors to dump their fossil fuel

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom