'Out-of-control financial collapse': Fossil fuel market crash could cost UK £674bn

clock • 4 min read
'Out-of-control financial collapse': Fossil fuel market crash could cost UK £674bn

Campaign group One for One warn fossil fuels should be viewed as the highest risk class of assets and urges government to tighten financial regulations to avert risk of a financial crash

A market crash driven by the overvaluation of fossil fuel assets could cost the UK £674bn and cause up to half a million job losses unless drastic financial safeguarding measures are adopted, a new report...

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