Submitted by zylstrar t3_xyh7ns in UpliftingNews
WikiSummarizerBot t1_irlw1ee wrote
Reply to comment by Drevil335 in Exxon Mobil must reinstate whistleblowers fired over Permian Basin projections by zylstrar
[Carbon bubble](https://en.wikipedia.org/wiki/Carbon_bubble#:~:text=The carbon bubble is a,fuels which are not yet)
>The carbon bubble is a hypothesized bubble in the valuation of companies dependent on fossil-fuel-based energy production, resulting from future decreases in value of fossil fuel reserves as they become unusable in order to meet carbon budgets and recognition of negative externalities of carbon fuels which are not yet taken into account in a company's stock market valuation. While most campaigns to reduce the investment, production, and use of fossil fuels has been based on ethical reasons, financial analysts, economists, and financial institutions have increasingly argued in favor of doing so for financial reasons.
^([ )^(F.A.Q)^( | )^(Opt Out)^( | )^(Opt Out Of Subreddit)^( | )^(GitHub)^( ] Downvote to remove | v1.5)
Viewing a single comment thread. View all comments