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Investment

Climate induced GFC a 'very real' risk: Hewson

Former Liberal leader John Hewson has said that over-investment by banks and pension funds in carbon-exposed industries could lead to a global financial crisis that dwarfs the 2008 crash.

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Read more: Hewson,  ANZ,  CBA,  Investment,  ANU,  ANU Vice Chancellor Ian Young,  Former Liberal leader John Hewson,  Westpac AGM,  Abbott cabinet,  ACCR,  Asset Owners,  Australasian Centre,  Canberra Times,  CNU Vice Chancellor Ian Young,  Commonwealth Bank,  Disclosure Project,  GFC,  Howard Pender,  Hunter Valley,  NAB,  Prime Minister