Fossil Fuel Industry Risks Losing $33 Trillion to Climate Change

  • Companies may be forced to leave gas, oil and coal in ground
  • Task force drafting guidelines for companies to dislose risk

The fossil fuel industry risks losing $33 trillion in revenue over the next 25 years as global warming may drive companies to leave oil, natural gas and coal in the ground, according to a Barclays Plc energy analyst.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.