Sentences with phrase «unburnable fossil fuel assets»
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».
https://www.carbontracker.org/ Not exact matches
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.
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.
Webb wrote to Davey a few days later: «[Newspaper] articles reported you backing moves that would encourage investors to think about moving their money out of «risky» fossil fuel assets, suggesting global emissions limits could make hydrocarbon reserves unburnable, therefore stranding assets and rendering them worthless.»