Sentences with phrase «of unburnable»

Different organisations may apply a range of carbon budgets, meaning the precise amount of unburnable carbon cited varies.

A future not of peak oil but rather of unburnable carbon.

This concept of unburnable fossil fuels is gaining traction.

Even as renewables take off, every year more and more of that unburnable carbon is being locked into production.

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».

In the context of our Unburnable Carbon 2013 reports and carbon budgets, instinctively it may feel that oil and gas on this scale must remain in the ground.

The reporting survey indicated that the issue of unburnable carbon is not being addressed, and the current strategies laid out in annual reports talk of growth that is incompatible with emissions limits.

He was way ahead of the game before the more recent pronouncements of unburnable carbon and «stranded assets ``.

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.

Not exact matches

Only 20 % of the total reserves can be burned unabated, leaving up to 80 % of assets technically unburnable.

Mark Carney, the former Governor of the Bank of Canada who now heads up the Bank of England, legitimized the concept of the carbon bubble by confirming that the «vast majority of [fossil fuel] reserves are unburnable» if we are to avoid dangerous climate disruption.

The study, which Carbon Tracker produced alongside the London School of Economics» Grantham Research Institute, therefore calls the bulk of reserves «unburnable».

Several recent reports suggest that markets are now overlooking the risk of «unburnable carbon».

Buzz phrase of moment: «unburnable carbon.»

An article in the latest issue of The Economist explores whether acknowledgement that some fossil fuel stocks are unburnable means companies with big coal or oil reserves are overvalued, at least on long time horizons.

A new buzz phrase in the push to limit greenhouse gas emissions is «unburnable carbon» — an effort to define and then wall off the portion of the world's still - vast reserves of coal, oil or natural gas that might, if combusted, cause unacceptably costly or dangerous climate change.

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.

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.

The non-profit financial think tank Carbon Tracker has suggested that if world leaders are serious about keeping the world's temperature from rising above 2 degrees, then much of the world's carbon reserves will be unburnable and forced to stay in the ground, including any drilling in the Arctic.

A 2015 study concluded that in order to avoid the worst impacts of runaway climate change, all Arctic fossil fuels should be classified as unburnable.

Between 60 - 80 % of coal, oil and gas reserves of publicly listed companies are «unburnable» if the world is to have a chance of not exceeding global warming of 2 °C

«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.

The combination of needing to limit carbon dioxide emissions and having fossil fuel companies that are valued by their proven reserves is what Carbon Tracker, a non-profit organization, is calling the «Carbon Bubble» in their new report, «Unburnable carbon 2013: Wasted capital and stranded assets.»

He announced that in 2015 the Bank of England's Finance Policy Committee would investigate whether risks to the value of «unburnable» fossil fuels assets could undermine financial stability in the way that sub-prime mortgages crashed the global economy in 2008.

The report argues that «60 - 80 % of coal, oil and gas reserves of publicly listed companies are «unburnable» if the world is to have a chance of not exceeding global warming of 2 °C.»

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.

In March 2012, Carbon Tracker's seminal report «Unburnable Carbon» was Highly Commended in the City of London's Sustainability Awards.

«Smart investors can already see that most fossil fuel reserves are essentially unburnable because of the need to reduce emissions in line with the global agreement by governments to avoid global warming of more than 2 °C.

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.

While Canadians attempt to bypass the stalled Keystone XL pipeline by completing a new conduit from Alberta to New Brunswick, they may find their position increasingly marginalized: the Canadian - born governor of the Bank of England declared last week that most oil reserves are unburnable because of climate considerations.

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»

The fourth in the series of Carbon Tracker's Unburnable Carbon reports, focuses on Brazil — a country with the fascinating combination of a large, emerging economy, a strong renewable energy sector but also significant potential fossil fuels in the pipeline in which the state has a sizeable stake.

This question related to the fact that there is unburnable carbon, and some of that is owned by listed companies.

The fourth in the series of Carbon Tracker's Unburnable Carbon reports, focuses on Brazil - a country with the fascinating...

It was last September, and Carney, presently the head of the Bank of England, had signalled to British parliamentarians that his institution, and the international Financial Stability Board, which he chairs, had just begun an in - depth examination of the systemic risks posed not just by climate change, but by the «unburnable carbon» thesis advanced by the Carbon Tracker Initiative several years prior.

Paul Spedding, an oil and gas analyst at HSBC, said: «The scale of «listed» unburnable carbon revealed in this report is astonishing.

The normally conservative International Energy Agency has also concluded that a major part of fossil fuel reserves is unburnable.

In 2015 Carbon Tracker presented the stranded assets / unburnable carbon idea to a full meeting of central banks and regulators at the Financial Stability Board meeting on climate change hosted by Mark Carney, effectively contributing to the creation of the Task Force on Climate - related Financial Disclosures (TCFD).

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 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.

He endorsed research by Carbon Tracker showing that US$ 2 trillion worth of fossil fuel assets are unburnable as governments aim to hold global warming to 2C.

If 80 percent of these reserves are left unburnable, these companies as a whole will be forced to write off up to $ 20 trillion in losses.

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

This is in response to Carbon Tracker's April 2013 Unburnable Carbon report, which found that in 2012 alone, the 200 largest publicly traded fossil fuel companies collectively spent an estimated $ 674 billion on finding and developing new reserves some of which may never be utilized.

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.

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

It told us that the whole «peak oil» trope was just wrong, that the real name of the problem was Unburnable Carbon.

But with mainstream banks questioning the competitiveness of fossil fuels, and with the Governor of the Bank of England describing most fossil fuels as unburnable, divestment (or at least diversification into clean energy investment) is looking less - and-less like gesture politics, and more like a sound plan to protect ourselves from future shocks.

We have discovered, to our considerable astonishment, that most of the fossil fuel on the books of our largest corporations is «unburnable» — in the precise sense that, if we burn it, we are doomed.