The 14 worst fossil-fuel projects for the climate

The 14 worst fossil-fuel projects for the climate By David Roberts | Grist, Jan 22, 2013 In a justly famous Rolling Stone piece, Bill McKibben popularized the notion of “Global Warming’s Terrifying New Math.” We have a “carbon budget,” between now and 2050, of roughly 565 gigatons of carbon dioxide. If we emit …

A profound contradiction at the heart of climate change policy

December 8, 2011 8:25 pm A profound contradiction at the heart of climate change policy By Nicholas Stern As the negotiations at the UN climate change summit in Durban reach the critical stage, we must not overlook a fundamental contradiction between the way global fossil fuel reserves are evaluated and …

Carbon budgets and sub-prime assets

The concept of fossil fuel reserves exceeding the carbon budget continues to gather acceptance. Last week the IEA published its World Energy Outlook 2011. In the Climate Change Chapter, the IEA uses the same approach as Carbon Tracker to show that thee numbers don’t add up. See attached extract for …

Alliance of business and green groups supports Government announcement on carbon targets

An alliance of the UK’s largest businesses and environmental groups welcome yesterday’s commitment to a legally binding target to reduce carbon emissions to 2027. They state that strong and clear action on climate change is essential for long-term economic growth, jobs and competitive advantage. In an open letter to the …