'Carbon bubble' threatens stock markets, say MPs

http://www.bbc.com/news/science-environment-26455763


Investments in coal and oil may be overvalued, according to MPs

The world's financial markets could be creating a "carbon bubble" by over valuing the fossil fuel assets of large companies say MPs.

Much of this coal and oil may have to be left in the ground to combat climate change, according to the Environmental Audit Committee (EAC)

The Committee also hits out at the lack of green finance.

Less than half the £200bn needed to deliver emissions cuts by 2020 is in place they say.