Sentences with phrase «for unburnable»

While the Obama Administration has been clear on its commitment to climate action, they continue to allow companies like Royal Dutch Shell to sink billions of dollars in the hunt for unburnable carbon in the U.S. Arctic Ocean off the coast of Alaska.

Not exact matches

«The majority of proven coal, oil, and gas reserves may be considered «unburnable» if global temperature increases are to be limited to two degrees Celsius,» he wrote in a letter to the British parliament's Environmental Audit Committee (PDF) in October, referring to the widely accepted temperature threshold for avoiding the worst effects of climate change.

And, no, the former VP is hardly the inspiration for the «unburnable carbon» or «carbon asset bubble» thesis (the folks behind Investor Watch have been leaning into this for a half - dozen years and, more recently, issuing a series of The Carbon Tracker reports).

It is baked into their business models that they have to push into what climate scientists and climate activists call unburnable carbon, the carbon that is well beyond the collective budget for all of humanity of how much carbon we could burn and still have any shot at a livable planet.

[i] IEA, World Energy Outlook, 2017: https://www.iea.org/weo2017/; IEA / IRENA, Perspectives for the Energy Transition, 2017: http://www.irena.org/publications/2017/Mar/Perspectives-for-the-energy-transition-Investment-needs-for-a-low-carbon-energy-system; IPCC, 5th Assessment Report, 2013: https://www.ipcc.ch/report/ar5/; Carbon Tracker, Wasted Capital and Stranded Assets, 2013: https://www.carbontracker.org/reports/unburnable-carbon-wasted-capital-and-stranded-assets/, Carbon Tracker, Unburnable Carbon, 2011: https://www.carbontracker.org/wp-content/uploads/2014/09/Unburnable-Carbon-Full-rev2-1.pdf

Beyond 2050, the total carbon budget is very small for a 2 °C target, which means that reserves will remain unburnable during the second half of the century unless there is a dramatic development of CCS after 2050.

All this has been clear for years, and widely known since Bill McKibben put «unburnable carbon» onto the map last year in his great Rolling Stone piece.

«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».

The idea of «unburnable carbon» is published for the first time by Mark Campanale, Founder of Carbon Tracker, and Nick Robins, now Co-Director at the UNEP Inquiry into the Design of a Sustainable Financial System, on the UK Quality of Life Commission's website.

Contrary to the ITS report Carbon Tracker has never backed divestment as a viable strategy for the majority of investors — it is one of a number of options we discuss in our recent Unburnable Carbon 2013 report.

The rest is «unburnable», with implications for the valuation of fossil fuel companies.