Sentences with phrase «fossil fuel reserves»

When we did the math back in 2012, we found that 80 % of fossil fuel reserves need to be kept underground.
In order to stand a chance of surviving climate change, we need to keep 80 percent of known fossil fuel reserves in the ground.
Up to 80 % of known fossil fuel reserves need to stay in the ground to stay within safe climate levels.
The estimated fossil fuel reserves still in the ground represent more than 3 trillion tons of carbon emissions.
Reducing fossil fuel emissions to limit global warming to 2 degrees Celsius or less means that a huge amount of proven fossil fuel reserves will need to stay in the ground.
The best science is clear that we must leave the vast majority of existing fossil fuel reserves in the ground.
Studies show we must refrain from burning most fossil fuel reserves to avoid catastrophic warming.
But it doesn't matter how much renewable energy we produce: if we burn more than 60 % of current fossil fuel reserves we get more than two degrees of warming.
The black line is the trajectory oil and gas production would follow if we stopped exploring for and developing new fossil fuel reserves today.
This working paper outlines a recommended methodology for estimating and reporting the potential emissions from fossil fuel reserves held by coal, oil, and gas companies.
And it's since become the conventional wisdom: Many central bankers and world leaders now agree that we need to keep the bulk of fossil fuel reserves underground.
It is no coincidence that the citizens of Arab countries with limited fossil fuel reserves have enjoyed greater freedom over the years than their oil - rich neighbours.
The map shows how the listings of coal, oil and gas reserves are distributed, indicating that capital markets are supporting the continued exploitation of fossil fuel reserves around the world.
This means many investors are backing huge fossil fuel reserves purely as a result of the structure of the financial products they invest in.
Without the deep fossil fuel reserves of their neighbors to the north and south, many Central American countries have learned to be resourceful when it comes to energy.
At this point, 80 % might actually be inadequate given the fast dwindling carbon budget and the growing fossil fuel reserves.
They have also calculated that to avoid surpassing that limit, less than a third of existing proven fossil fuel reserves can be exploited.
There is a growing recognition that if we are to avoid dangerous climate change, most fossil fuel reserves will need to be left in the ground.
It is based on existing estimates of fossil fuel reserves and their global warming potential and economic models of market forces related to which fuels are the most cost effective.
London, 19th April 2013 — Today new research by Carbon Tracker Initiative and the Grantham Research Institute on Climate Change and the Environment at London School of Economics and Political Science reveals that despite fossil fuel reserves already far exceeding the carbon budget to avoid global warming of more than 2 °C, $ 674 billion was spent last year finding and developing new potentially stranded assets.
Air pollution, global warming, depleting fossil fuel reserves leading to peak oil, etc..
Unless otherwise noted all information contained herein is that of the SPDR ® MSCI Emerging Markets Fossil Fuel Reserves Free ETF.
Richard, a senior fellow at the Post Carbon Institute, talks first about peak oil, a once popular theory about diminishing fossil fuel reserves which he believes will again soon rear its head, despite recent market trends.
Our analysis found that 90 % of Bears Ears and 42 % of Grand Staircase sit above potential fossil fuel reserves.
[Response: For climate purposes, the problem is coal (and maybe methane hydrates)-- there is more than enough fossil fuel reserves for the IPCC scenarios.
The Intergovernmental Panel on Climate Change, the World Bank, the International Energy Agency and other major institutions agree that most of the world's available fossil fuel reserves must be left in the ground in order to limit global warming to safe levels (well below 2 degrees Celsius, and as close as possible to 1.5 degrees).
That implies if there is more than that [in fossil fuel reserves], that you leave some of that carbon in the ground.»
Richard talks first about peak oil, a once popular theory about diminishing fossil fuel reserves which he believes will again soon rear its head, despite...
If global warming accelerates, Schneiderman's logic goes, then Exxon would be stuck with fossil fuel reserves rendered worthless by future regulations or a concomitant reduced demand for oil.
An imbalance that allows many fossil fuel producing countries (think Norway, Canada, the U.K etc.), to insist they are showing climate leadership all the while they are continuing to explore, expand, and exploit massive fossil fuel reserves with no meaningful plan for how they are going to stop it in line with safe climate limits.
Shakuntala Makhijani, the report's author, added, «the science is clear that at least two - thirds of proven fossil fuel reserves need to stay in the ground to avoid catastrophic climate impacts — it is time for the U.S. government to show leadership and immediately end the massive subsidies that encourage their production.»
Methane - laced ice crystals in the seafloor store more energy than all the world's fossil fuel reserves combined.
These incidents, argues Gustavo Ampugnani, lead energy and climate campaigner for Greenpeace Mexico, foreshadow worsening oil - and gas - related disasters as the country's massive energy reforms open Mexico's vast fossil fuel reserves up to international companies that are even less regulated and scrutinized than State - owned Pemex.
I doubt if it compares to the estimated US$ 27 trillion worth of fossil fuel reserves still in the ground, which will have to stay where they are if we are to avoid catastrophic climate change.
As the fossil fuel divestment movement grows increasingly mainstream — even BlackRock recently partnered with the Natural Resources Defense Council to launch an «equity global index series that will exclude companies linked to exploration, ownership or extraction of carbon - based fossil fuel reserves» — the smart long - term investment money would seem to be on divestment.
Because of the high levels of both CO2 and methane emissions throughout the gas lifecycle, the authors conclude that, «there is categorically no role for bringing additional fossil fuel reserves, including gas, into production», and that, «an urgent programme to phase out existing natural gas and other fossil fuel use across the EU is an imperative».
A head - in - the - sand approach invites an eventual economic upheaval along the lines of the recent Great Recession as fossil fuel reserves become the sub-prime mortgages of the next financial crisis.
Ending the climate crisis means we have to keep fossil fuel reserves in the ground.
They too argued that the world can consume no more than 20 % of known fossil fuel reserves if mankind is to survive which meant the reserves being carried on the books of Big Fossil were dangerously sub-prime.
The analysis finds that expanding fossil fuel reserves does even more damage than putting the global climate in danger; exploration financing by the World Bank risks locking developing countries into loan commitments for resources that will likely become stranded assets if policies are implemented to meet agreed climate goals.
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