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'Cynical' market shrugs off latest climate warning on fossil fuel

2013-10-05 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

EnergyWire: Headlines may move markets, but the latest news on climate change has so far failed to disturb fossil-fuel investors. It's not for want of information. One week ago, this headline flashed across Wall Street traders' screens: "Fossil Fuels Need to Stay Unburned to Meet Climate Target." The story, by Bloomberg, referred to a major study by the U.N. Intergovernmental Panel on Climate Change. The IPCC had said that to keep global temperatures from rising beyond 2 degrees Celsius, humanity has to...

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