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Richard Stallman's Political Notes

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Coal investments

lundi 22 juin 2015 à 14:00

As the world recognizes that coal investments are likely to lose their value, many pension funds are likely to lose big, as well as some billionaires.

The problem is that they are tempted to try to make the world "burn just a little more" by keeping the carbon bubble swelling. As usual with bubbles, the longer it lasts, the more financial damage its inevitable bursting will do; but this bubble is also broiling Earth's ecosphere.