The Bank of England is probing into the precarious possibility of fossil fuel organisations causing a potentially catastrophic economic crash if emission policies alter, rendering their oil, coal and gas valueless. For those unfamiliar with the frequently touted 'carbon bubble'. There is a possibility the world could be heading into a large financial economic crisis. This is due to stock markets magnifying an investment fizz in fossil fuels to the sum of trillions of dollars. The chief worry is that if the worlds government comply with their earlier reservation of reducing global waning by 2C through slashing carbon emissions then potentially two thirds of the FTSE350 is footing on financial oil gas and coal. If it's found that these calculations are inaccurate then we could be glaring at an unsafe banking system and London markets. Regulation is being urged for organisations to reveal the possible CO2 emissions submerged amongst reserves. London has an immense chance to lead the way in financing energy transition. Currently it's in jeopardy of clasping a toxic burden rather than possessing a noteworthy stake in the middle of green expansion. HSBC oil and gas analysis Paul Spedding suggested the scale of the reported unemployable carbon revealed is blinding. It's clear to see that a so called business as usual approach is not applicable for the long term fossil fuel industry. The controversial strategy of carbon capture and storage, which consigns emissions underground, is foreseen to posses a bit part in the future. In spite of an overly conservative scenario of 3,800 projects throughout the world. This would still only allow for 4% of fossil fuel stockpiles to be utilised. As of yet there are no commercial projects in operation. Although we are still some time away from swerving fossil fuels such as gas oil and coal many are consumers are switching in preparation. Households throughout Britain are now taking serious consideration into how they will heat their homes efficiently. With continuing uncertainty surrounding fossil fuels many are now opting for powerful energy efficient electric radiators. With the right infrastructure electricity is certain to be the future power source of years to come. -- My Electric Radiators are a leading energy news provider distributing you the most up to date and noteworthy information throughout the UK. They also stock state of the art energy efficient heating solutions that can offer a substantial saving on energy bills whilst also benefiting cutting down your carbon footprint. If you would like to know more about their latest range of low cost electric radiators then contact one of their friendly team today on 01423 881167 for free efficient heating advice.