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 …

Carbon Bubble Growing, but Markets Aren’t Listening

Published on GreenBiz.com (http://www.greenbiz.com) ——————————————————————————– Carbon Bubble Growing, but Markets Aren’t Listening By James Leaton Created 2011-07-15 04:46 How much carbon dioxide would be released if all the proven fossil fuel reserves owned by public companies was burnt? Carbon Tracker’s estimate: 745 gigatonnes CO2. How much carbon dioxide can we …