Not exact matches
This can effectively give investors a sense of what proportion of the company's investment plans may fail to deliver an
acceptable return in the scenario of a world
limited to 2 °C global
warming outcome (i.e. which project capex is within budget and which is «unneeded»).
In other words how does your emissions reduction commitment, in combination with others, achieve an
acceptable ghg atmospheric concentration that
limits warming to 2 °C or the 1.5 °C
warming limit that may be necessary to prevent catastrophic
warming?
According to the study, using the existing infrastructure until it falls apart would not push us past the 2 degrees Celsius global
warming that many scientists see as the upper
limit of
acceptable climate change.