What's set to be the biggest risk to financial stability in the future? Many of us will probably think of excessive debt or asset bubbles, those kind of things. But Mark Carney, the governor of the Bank of England, said this week one of the biggest threats is climate change. How? Well, extreme weather events are expensive for insurers, and limits on carbon emissions mean that all those oil and gas fields that energy companies have bought rights to may actually never be developed and so be worth a lot less than many people think. Everyone, Mark Carney warned, should think carefully about what they're investing in.
I put it this way, and just to put some figures on this. Depending on your carbon budget, which is anestimation, but a scientific estimation, so we just take those as given, really only about 1/5 or 1/3 of all the oil and gas and coal reserves that are proven today could be burned and still be consistent with a so-called two-degree world, a world with manageable climate change. What's important is not what I think, what's important is that investors, banks, insurance companies, the general population has the information they need in order to invest accordingly to take a view on this question.
玩游戏记英语四级单词195Striker打击者
跟我背CET4核心词汇:isolate
跟我背CET4核心词汇:racial
跟我背CET4核心词汇:radical
跟我背CET4核心词汇:victim
跟我背CET4核心词汇:barrel
跟我背CET4核心词汇:identify
跟我背CET4核心词汇:consistent
跟我背CET4核心词汇:idle
跟我背CET4核心词汇:video
跟我背CET4核心词汇:coach
跟我背CET4核心词汇:internal
跟我背CET4核心词汇:coil
跟我背CET4核心词汇:capture
跟我背CET4核心词汇:hollow
跟我背CET4核心词汇:adequate
跟我背CET4核心词汇:adult
跟我背CET4核心词汇:videotape
跟我背CET4核心词汇:precaution
跟我背CET4核心词汇:issue
跟我背CET4核心词汇:advertise
玩游戏记英语四级单词:Fatal Fury饿狼传说
跟我背CET4核心词汇:acid
跟我背CET4核心词汇:continual
跟我背CET4核心词汇:grand
跟我背CET4核心词汇:personnel
跟我背CET4核心词汇:religious
跟我背CET4核心词汇:orient
跟我背CET4核心词汇:wonder
跟我背CET4核心词汇:valid
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