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Green investment frenzy runs risk of becoming a bubble, BIS says

Turbines stand at a wind farm near Golmud, Qinghai province, China, on Sept. 11, 2021. Foto: Bloomberg photo by Qilai Shen

The rapid pace of growth in green investing raises the prospect of a bubble that could burst further down the road, according to the Bank for International Settlements.

Price-to-earnings valuations for clean energy companies are high and more analysis is needed to understand how green investing is playing out in the credit market, the Basel-based institution said in its quarterly report published on Monday...

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