Are the world’s financial markets carrying a carbon bubble?

A new report by the Carbon Tracker Initiative:
Regulators should:

• Require reporting of fossil fuel reserves and potential CO2 emissions by listed companies and those applying for listing.
• Aggregate and publish the levels of reserves and emissions using appropriate accounting guidelines.
• Assess the systemic risks posed to capital markets and wider economic prosperity through the overhang of unburnable carbon
• Ensure financial stability measures are in place to prevent a carbon bubble bursting.