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.
Not exact matches
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.
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 results suggest the Middle East holds half of total global
unburnable oil and gas reserves, with more than 260 billion barrels of oil and nearly 50 trillion cubic metres of gas needing to
remain untouched if we're to stay within budget.