Mark Carney, the FSB chair stated that a carbon budget consistent with a 2 °C target «would render the vast majority of reserves «stranded» — oil, gas and coal that will be
literally unburnable without expensive carbon capture technology, which itself alters fossil fuel economics»
After all, when the car that's generating the most buzz among the public burns
literally zero oil; when Saudi Arabia says it's got to diversify away from oil; and when the Governor of the Bank of England says many of our known reserves are
unburnable, a strategy based on discovering and selling more oil in the future starts to look uncertain at best.