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Fossil fuel groups warned not to ignore Paris accord

2016-06-06 08:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: Oil, gas and coal companies face financial disaster if they ignore the implications of the Paris climate change accord and should be required to tell investors how they will avoid such threats, a British economist has warned. Lord Nicholas Stern has told a climate task force set up by the Bank of England governor, Mark Carney, that the gap is disturbing between what politicians signed up to in the Paris agreement struck in December and what fossil fuel companies are assuming. This gap should...

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