Sentences with phrase «known fossil fuel reserves»

Harvard's decision comes less than a week after the Intergovernmental Panel on Climate Change (IPCC) sounded the alarm for immediate action on climate change and the necessity for keeping much of known fossil fuel reserves in the ground, a reality that will affect investments in fossil fuels.

According to the UN's Intergovernmental Panel on Climate Change, around 80 % of known fossil fuel reserves would need to stay in the ground for humanity to limit the concentration of CO2 in the atmosphere to 450 parts per million.

Today the International Energy Agency released its World Energy Outlook and confirmed estimates that the overwhelming majority of known fossil fuel reserves (75 - 80 %) will have to be kept in the ground to avoid 2 degrees Celsius temperature rise.

A recent estimate indicates that if we burn all the remaining known fossil fuel reserves the Antarctic ice sheet will essentially melt raising the oceans by 60 meters.

Bill McKibben says we need to «do the math,» which is to take the known fossil fuel reserves that oil and gas companies expect to tap and add that to the carbon already trapped in the atmosphere.

If all known fossil fuel reserves are used up, average global temperatures will rise by at least 10 degrees Celsius, a new study revealed.

CO2 from all the known fossil fuel reserves is insufficient to render seawater acidic.

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.

Indeed, «the vast majority of known fossil fuel reserves must be left undeveloped.»

The problem is, the total known fossil fuel reserves being held would release 2,860 GtCO2 into the atmosphere if burned.

There have been several studies of this strategy, and the ones I've seen show the world blowing well past 2 - or 3 - degree - C temperature increases, unless the major energy companies leave most of their currently known fossil fuel reserves in the ground along with any new discoveries.

Not only does the government want Australia's enormous known fossil fuel reserves to be burned, it even promotes exploration for new ones.

In order to stand a chance of surviving climate change, we need to keep 80 percent of known fossil fuel reserves in the ground.

Burning known fossil fuel reserves would release nearly 3000 gigatonnes, and energy companies are currently spending $ 600 billion trying to find more.

Methane and co2 levels have been many times higher in the past and even if the entirety of the Worlds know fossil fuel reserves where released into the atmosphere we still would not get back to those levels.

Not exact matches

Knisely even concluded that the fossil fuel industry might need to leave 80 percent of its recoverable reserves in the ground to avoid doubling CO2 concentrations, a notion now known as the carbon budget.

There are sufficient fossil fuel resources to readily supply 1000 GtC, as fossil fuel emissions to date (370 GtC) are only a small fraction of potential emissions from known reserves and potentially recoverable resources (Fig. 2).

The world's fossil fuel reserves (also known as «assets»), far exceed that budget.

Regardless of reserve and resource uncertainties, we know there are enough fossil fuels to destroy the planet as we know it, if their CO2 is released into the atmosphere.

Known reserves of uranium (other than low concentrations in granite and seawater) are actually roughly equivalent in energy content to estimated fossil fuel reserves.

At any rate the bell curve is long, (and we really do not know where we are on it with regard to fossil fuels) and takes decades to impact in a major way especially as new reserves with new technologies continue to come to the fore.

Although the burning of fossil fuels generates most of the potential emissions from most reserves, emissions from production and processing operations (known as «upstream emissions») can also be important, depending on the reserve type and technologies used.

of the world's known remaining fossil fuel reserves in the ground to prevent runaway climate change.

In fact, a 2015 study in the journal Nature revealed that we need to leave at least 80 percent of the world's known remaining fossil fuel reserves in the ground to prevent runaway climate change.

The «known reserves» of fossil fuels is often touted as being the actual reserves.

They know that the majority of the world's fossil fuel reserves must be left in the ground.

Rather than finding ways to curtail fossil fuel production in line with the demands of climate science, the U.S. federal government, under President Obama's «All of the Above» energy strategy, is currently channeling more than $ 5 billion each year in exploration subsidies to actually expand proven reserves, leading to the discovery of fossil fuels that we know we should never burn.

One of the rallying points was a scientific calculation that the rise of global temperature could not be held below 2 °C (the internationally accepted point at which the warming would become «dangerous») unless at least half the known reserves of fossil fuels were left in the ground.

Collectively, the world's proven fossil fuel reserves as we know them today would generate close to 3,000 billion metric tons of CO2 — many times over the safe limit.

The expedition started from the well - established fact that an enormous amount of methane is frozen into a kind of ice known as methane hydrate, buried in seafloor sediments and containing perhaps twice as much carbon as all the world's fossil - fuel reserves combined.

Second, as the executive secretary of the U.N. Framework Convention on Climate Change points out, divesting from the fossil - fuel industry acknowledges the fact that the majority of known fossil - fuel reserves must be left unburned if we are to avoid catastrophic climate disruption.

Fossil fuel corporations have five times more oil and coal and gas in known reserves than climate scientists think is safe to burn.

McQuaig's comments differed little from those of Bank of England Governor Mark Carney or the World Bank or the International Energy Agency — all have publicly acknowledged that two - thirds of the world's known reserves of fossil fuels will have to be left undeveloped if humanity has a fighting chance against climate change.

In my opinion, the question is not whether human industry increases atmospheric CO2 or not (it does), but whether this will increase the earth's temperature significantly, knowing that fossil fuels reserves are limited and our infatuation with them will end in about 50 years.

The alternative, of course, is one in which «the markets decide» that, one way or another, most known economic reserves of fossil fuels will never be burned, and then proceed to rapidly, not to say catastrophically, reprice coal and oils stocks.

CO2 is accumulating in the atmosphere at alarming rates, and the UN Intergovernmental Panel on Climate Change recently stated that the majority of known reserves of fossil fuels will need to be left in the ground if we [& hellip