Bank of England to investigate carbon bubble risks

Jessica Shankleman
clock

Governor Mark Carney tells MPs that Bank will be 'deepening and widening' its investigations into stranded asset risks

The Bank of England has for the first time formally confirmed plans to investigate its exposure to the so-called "carbon bubble", whereby billions of pounds of fossil fuel assets could prove massively...

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

Study: Data centres under threat from climate-driven extreme weather

Study: Data centres under threat from climate-driven extreme weather

New report identifies growing climate threats facing data centres and explores how operators can enhance resilience now to avoid surging costs and insurance premiums

clock 09 July 2025 • 4 min read
Why ESG remains a vital component of business strategy and growth

Why ESG remains a vital component of business strategy and growth

ESG isn't 'woke' - it's simply smart business that protects value, prevents harm to people and the environment and builds resilience in a volatile world, writes Emily Lee from Nature Positive and RSK Group

Emily Lee, Nature Positive
clock 08 July 2025 • 7 min read
How a 'growing wave' of litigation linked to renewables value chains could slow the clean energy transition

How a 'growing wave' of litigation linked to renewables value chains could slow the clean energy transition

Experts warn that it companies and investors fail to urgently address disregard for the human rights in the renewable energy value chain, 'we are likely to see a derailing of the much-needed clean energy transition'

Stuart Stone
clock 01 July 2025 • 7 min read