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Bloomberg launches new "carbon bubble" risk analysis service

2013-12-09 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Bloomberg has launched a major new initiative to help its financial customers better track emerging environmental risks, including the potential for investments in fossil fuel companies to become "stranded assets" as climate change regulations tighten and new clean technologies emerge. The financial data giant last week launched a new service for Bloomberg terminal subscribers, dubbed its Bloomberg Carbon Risk Valuation Tool, which will "provide data and analytics around the concept of stranded...

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