BP downplays 'overstated' carbon bubble risk

Will Nichols
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Oil major says claims fossil fuel assets could be hugely overvalued if the world successfully tackles climate change are wide of the mark

Oil giant BP has downplayed the risk posed by a so-called 'carbon bubble', saying the theory "oversimplifies" the risks associated with a transition to a low carbon economy and "overestimates" its financial...

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