Regulators urged to tackle $6tr "carbon bubble"

Will Nichols
clock

Report warns "business as usual is not an option" when 80 per cent of fossil assets may be left stranded by global climate agreements

Up to $6tr of oil and gas assets could be left stranded over the next decade, throwing investments into disarray, should international climate agreements hold firm. Governments committed under the 2010...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Lidl GB ramps up climate risk assessment for UK estate

Lidl GB ramps up climate risk assessment for UK estate

Climate and nature analytics firm Risilience appointed by Lidl GB to assess climate-related physical risks from extreme weather events

clock 20 March 2026 • 2 min read
'No longer fit for purpose': MPs demand review of support for those at risk of coastal erosion

'No longer fit for purpose': MPs demand review of support for those at risk of coastal erosion

Cross-party report lays bare human costs of coastal erosion and failure of 'piecemeal' policy support, as growing numbers of households and businesses face escalating climate impacts

Stuart Stone
clock 20 March 2026 • 6 min read
Can the insurance industry get a grip on the looming insurability crisis?

Can the insurance industry get a grip on the looming insurability crisis?

Insured losses from climate risks are on the rise, fuelling fears among analysts that future risks could outpace the insurance industry's ability to manage them

clock 19 March 2026 • 6 min read