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Financial herding must be checked to avert climate crashes

Nature Energy volume 5, pages 101–103 (2020)Cite this article

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Energy firms struggle to incorporate climate risks in their planning and public disclosures. This lack of information is increasing the chances that herd behaviour in finance could potentially lead to sudden disruptions in energy supply and exacerbate consequences of climate-related extreme events.

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Fig. 1: Market capitalization of US shale companies.

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  1. Council on Foreign Relations, New York, NY, USA

    Amy Myers Jaffe

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  1. Amy Myers Jaffe
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Correspondence to Amy Myers Jaffe.

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Jaffe, A.M. Financial herding must be checked to avert climate crashes. Nat Energy 5, 101–103 (2020). https://doi.org/10.1038/s41560-020-0551-7

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