OPINION: Jeremy Leggett

Erna Solberg addresses the Zero Emission Conference in Oslo last month

Erna Solberg addresses the Zero Emission Conference in Oslo last month

In my August column, I wrote: “I expect to see a major diversion of investment from fossil fuels to clean energy before long.”

Readers might reasonably expect either periodic encouraging updates, or a grovelling apology for falsely raising expectations. Here is the first of the former.

I chair the financial think-tank Carbon Tracker, which first quantified the problem of the “carbon bubble”: the risk that carbon-fuel assets are in danger of being left in the ground because of climate policymaking that has essentially deemed most of them “unburnable” if we want to have a chance of keeping global temperature rises below 2°C.

In 2011, Carbon Tracker was the first to chart carbon exposures company by company Log in to read complete article.

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