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Is the carbon bubble about to bust? One unlikely pundit thinks so

2014-07-12 00:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: As Grist readers, I`m sure you`ve heard of the "carbon bubble" - the idea that the oil, gas, and coal industries are overvalued in the market because that value is calculated using energy reserves that they won`t be able to sell in any future that isn`t a climate apocalypse. I`ve read a lot of articles about the carbon bubble, but recently I ran across a particularly interesting one, written by Ambrose Evans-Pritchard in the Daily Telegraph - which, as Britain`s Tory paper, isn`t exactly a hotbed...

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