Carney admits ‘carbon bubble’ systemic risk

A letter from the Bank of England and a recent seminar by its governor suggest concerns over the risk to global financial systems are taking root

by Paul Hatchwell
Mark Carney accepts high carbon assets could risk economic stability (photograph: Simon Dawson, Bloomberg, CC BY-ND 2.0) [Full size image can be printed using the Print Version link]
Mark Carney accepts high carbon assets could risk economic stability (photograph: Simon Dawson, Bloomberg, CC BY-ND 2.0) [Full size image can be printed using the Print Version link]

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