A market crash driven by the overvaluation of fossil fuel assets could cost the UK £674bn and cause up to half a million job losses unless drastic financial safeguarding measures are adopted, a new report has warned. New research released today by the One for One campaign has warned the UK government could end up shelling out over £670bn in taxpayer's money - or £9,780 per taxpayer - to keep banks afloat in the event of a fossil fuel asset crash, which the group warned could occur as early as 2030. As such, the One for One campaign is calling for stronger financial regulations to saf...
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