Financial Times: How much of the worlds fossil fuel reserves will eventually be burnt? This is not just a question for those concerned with climate policy. It is also a question for investors even if they believe (absurdly, in my view) that the science of climate change is a hoax.
What, they must ask themselves, would it mean for my investments in fossil fuel exploration and production if policy makers acted on their expressed belief in the science of climate change? Where would that leave investments in companies...