Thus the Financial Times today. “Bank of England governor fears global warming fight will ‘strand’ assets,” elaborates the newspaper. In particular, Mark Carney is worried that investors in fossil fuels and their insurers will get stranded by policies to limit their usage that are in the making. And the Paris climate talks are only a couple of months away. In the next few months, the central bank will deliver a report to the British government concerning the “carbon bubble,” as they call it. Indeed, only imagine all the capital invested in coal, oil, and gas around the globe. Some eighty percent of coal reserves, half of gas, and a third of oil may have to stay in the ground. Many a trillion of pounds, dollars, and euros is involved. According to a number of leading people in the world of finance, the carbon bubble may pose a far greater threat to the global economy than the credit bubble that burst in 2008. One way or another, it is a fair bet that the future is up in tangles. And contemporary capitalism is as touchy as the climate.