What is the carbon bubble and what will happen if it bursts?

As the world moves towards a low-carbon economy, fossil fuel investments worth trillions of dollars, from oil wells to cars, will lose their valueRead more: ‘Carbon bubble’ could spark global financial crisis, study warnsInvestments amounting to trillions of dollars in fossil fuels – coal mines, oil wells, power stations, conventional vehicles – will lose their value when the world moves decisively to a low-carbon economy. Fossil fuel reserves and production facilities wi