Sentences with phrase «become unburnable»

The report clearly sets out the global carbon budget, the reserves outlook, the current capital flow being consumed to expand those reserves and comes to the additional conclusion that this part of the global energy system will also waste trillions in capex over the coming decade as it develops more reserves that could also become unburnable.

According to report by the non-profit Carbon Tracker Initiative, up to 80 percent of carbon assets could become unburnable.

According to Carbon Tracker (PDF), there is a potential that 80 percent of the world's carbon reserves will become unburnable, which — if this situations holds true — would result in a $ 20 trillion write - off in losses by fossil fuel companies.

The Carbon Tracker report finds that, if exploration trends continue at the same rate over the next decade, «it would see up to $ 6.74 trillion in wasted capital developing reserves that is likely to become unburnable.»

Not exact matches

The Carbon Tracker Initiative, a nonprofit organization that studies carbon budgets, has warned that the remaining vast reserves of unburnable carbon will become stranded assets.

In fact, many people (including the Governor of the Bank of England) are increasingly concerned that most fossil fuels are unburnable, meaning many existing reserves and investments in future exploration are in very real danger of becoming worthless.

«This «unburnable carbon» is likely to become an increasing risk in the medium to long term, especially for companies heavily invested in thermal coal, or those seeking to develop new long - term assets,» Corboy said in a statement.

In light of Carbon Tracker's «Wasted capital and stranded assets» analysis and the scale of unburnable fossil fuel assets it revealed, there is a clear need for markets to become more «climate literate».

According to the report's authors, «a material proportion of the world's undeveloped reserves of fossil fuels could become «unburnable.