RSS Feed
Bloomberg: The phrase “unburnable carbon” has gained currency among climate-minded investors, popularized by a U.K.-based nonprofit called the Carbon Tracker Initiative. It refers to the vast fossil-fuel reserves that, if burned, would probably push the global climate into the danger zone.
Some investors are concerned that stock-market valuations would plummet if oil companies continue to spend hundreds of billions of dollars on exploration while the world lunges away from oil. Last week, a coalition of......
Read Complete Article at Water Conserve: Water Conservation RSS News Feed
Canada: Oil Sands Prevail Even if Most Carbon Becomes ‘Unburnable’: Suncor
Posted by Washington Post: Juliet Eilperin on October 30th, 2013
Posted in Water Conservation