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Carbon Bubble

from EP: A by Gabe Knox

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about

A carbon bubble is the idea that there is a bubble in valuation of companies related to fossil-fuel-based energy production. This is because true costs of carbon dioxide in intensifying global warming are not taken into account in a company's stock market valuation.[1] Currently the price of fossil fuels companies shares is calculated under the assumption that all fossil fuel reserves will be consumed. An estimate made by Kepler Chevreux puts the loss in value of the fossil fuel companies due to the impact of the growing renewables industry at $28 trillion over the next two decades.[2][3]

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credits

from EP: A, released July 7, 2015
Gabe Knox played all the instruments on this one. He also recorded and mixed it.

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Gabe Knox Toronto, Ontario

Gabe Knox is an Electronic Musician from Toronto, Canada.

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