Fossil fuel assets will no longer be viable if companies stick to net-zero pledges, says Mark Carney

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Fossil fuel assets will no longer be viable if companies stick to net-zero pledges, says Mark Carney
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'In the absence of an early and smooth transition to a net-zero economy, the risks of a delayed but abrupt transition will rise,' says Bank of England governor

In this decade, humans have become ever more aware of climate change. Calls for leaders to act echo around the globe as the signs of a changing climate become ever more difficult to ignoreFierce wildfires have flared up in numerous countries. The damage being caused is unprecedented: 103 people were killed in wildfires last year in California, one of the places best prepared, best equipped to fight such blazes in the worldEntire towns have been razed.

 

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