Environmental Economics Vocabulary

noun a system or range of economic activity in a country, region, or community

adjective related to the economy or economic activities

• The government is implementing new policies to boost the economy.
• I heard the economy is doing pretty well right now.
• The economy is booming, dude!
• The economy is like a delicate ecosystem, easily disrupted by external factors.

noun a term used to describe the overvaluation of fossil fuel assets due to the risk of stranded assets as the world transitions to renewable energy

• The concept of a carbon bubble refers to the overvaluation of fossil fuel assets due to the risk of unburnable carbon.
• Investors are starting to worry about the carbon bubble and the potential impact on the fossil fuel industry.
• The carbon bubble is like a ticking time bomb for the oil and gas companies.
• The carbon bubble looming over the economy is like a dark cloud waiting to burst.