Archive

  • Bank of England to step up stranded assets research

    02 December 2014

    Bank of England governor Mark Carney plans to "deepen and widen" its inquiry into the debate around stranded fossil fuel assets.

  • Bank of England asks insurers how they are dealing with climate change

    29 October 2014

    The Bank of England has written to some of the UK's biggest insurers asking them how they are adapting their businesses to take climate change into consideration.

  • AP2 divests from 20 'seriously risky' fossil-fuel companies

    20 October 2014

    The SEK265 billion fund is moving its money out of 20 firms – 12 in coal and eight in oil and gas production – following what it called a "comprehensive risk analysis" of its holdings.

  • Mark Carney says climate risks could make most oil reserves 'unburnable'

    14 October 2014

    Bank of England governor Mark Carney has warned that "the vast majority of oil reserves are unburnable" if the world is to avoid catastrophic climate change.

  • Regulators urged to demand better disclosure of climate risks [UPDATED]

    14 October 2014

    Securities regulators should demand that oil, gas and coal companies stress-test the potential impact of climate-related risks on their business, says the Carbon Tracker Initiative (CTI).

  • Stranded assets alert

    17 June 2013

    Nicholas Stern has warned that many oil and gas and mining companies may be overvalued, in a 'bubble' that would threaten the security of global financial markets. Peter Cripps and Katie Kouchakji report