Bursting the Carbon Bubble: Shell insists fossil fuel reserves won't be 'stranded
Published on by Kiran Pereira
'Royal Dutch Shell has dismissed claims that its proven oil and gas reserves will become unusable as a result of climate change regulation; maintaining the view that fossil fuels will continue to play a major role in the global energy system through to 2050 and beyond.
Environmental experts believe Shell is particularly at risk of enteringthe 'Carbon Bubble'; as a company that is 'overvalued' by the financial markets due to having large fossil fuel assets and high-carbon projects in the pipeline.' Read more @http://www.edie.net/news/6/Shell-Carbon-Bubble-fossil-fuel-reserves-CO2-emissions-2014/