Home › Fossil fuels the 'new sub-prime crisis'
 

Keywords :   


Fossil fuels the 'new sub-prime crisis'

2014-07-14 19:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Ecologist: Staggering gains in solar power - and soon battery storage as well - threatens to undercut the oil industry with lightning speed ... Writing in the conservative UK newspaper the Daily Telegraph, influential columnist Ambrose Evans-Pritchard writes that the "fossil industry is the subprime danger of this cycle". Oil and gas investment has soared and production has peaked but has yielded very little financial return: "The cumulative blitz on exploration and production over the past six years...

Tags: crisis fossil fuels subprime

Category:Electronics and Electrical

Latest from this category

All news
»
02.11Subtropical Storm Patty Graphics
02.11Subtropical Storm Patty Forecast Discussion Number 1
02.11Subtropical Storm Patty Wind Speed Probabilities Number 1
02.11Subtropical Storm Patty Forecast Advisory Number 1
02.11Subtropical Storm Patty Public Advisory Number 1
02.11Summary for Subtropical Storm Patty (AT2/AL172024)
02.11Tropical Storm Lane Graphics
02.11Tropical Storm Lane Forecast Discussion Number 3
More »