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Market Valuation

Not a Fake Tweet: Fossil Fuel Companies' Balance Sheets Contain Toxic Carbon Assets

Mike Sandler | Posted 06.25.2013 | Green
Mike Sandler

This is real and could affect markets more than a fake tweet. Oh, and the fate of the planet is at stake too. A new report shows that publicly listed fossil fuel companies hold more reserves than can be safely burned this century, and investors have not included this in market valuations of those companies.