Carbon Tracker CEO Anthony Hobley on what financial markets don’t see

January 7, 2016 by  
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Anthony Hobley, CEO of Carbon Tracker, a financial think tank, told GreenBiz in an interview during COP21 in Paris that the financial markets are only now waking up to the risk premium in fossil fuel investments. Consequently, they are providing capital far too cheaply to this sector.That risk, of course, is that fossil fuel companies could be saddled with trillions in stranded assets of oil and gas fields they cannot develop, coal mines that go quiet and drilling equipment that becomes excess.

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Carbon Tracker CEO Anthony Hobley on what financial markets don’t see

Largest Coal Terminal in North America Planned for Washington

August 9, 2011 by  
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Photo via CoalTrainFacts.org by Paul K. Anderson As an informed reader of this site, you may be aware that it is of the utmost importance that we humanfolk begin weaning our industrial economy off of its fossil fuel dependence. Like, asap. By spewing greenhouse gas emissions into the atmosphere with our trademark nonchalance, we’ve already accelerated the warming of the planet at a rather alarming rate. Fossil fuel companies are intent to see that trend continue, however — and that’s why some of the most important battles in the enviro… Read the full story on TreeHugger

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Largest Coal Terminal in North America Planned for Washington

FollowTheOilMoney.org Shows What Corps Are Buying Which Congress Members

January 4, 2010 by  
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During COP15 piles of fake dollar bills with James Inhofe’s (R-OK) face and his contribution of $1,130,560 from the oil industry on them were dropped on the floor for passersby pick up. Photo: Matthew McDermott . There’s no doubt that oil and coal money sways votes like few other industries

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FollowTheOilMoney.org Shows What Corps Are Buying Which Congress Members

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