Carbon Budgets Explored
As you may recall from a recent post about fossil fuel divestment, fossil fuels will soon become a stranded asset, meaning we can not afford to pull it out of the ground and burn it. The concept of carbon budgets was explored in depth in a report by the Carbon Tracker Initiative and the Grantham Research Institute, called “Unburnable Carbon 2013: Wasted capital and stranded assets,” which we went over in detail in a earlier post. As discussed before, a carbon budget is not hard to figure out, because the relationship between how much carbon is burned and the increase in temperature is relatively well know. ( Data from Carbon… Read More »Carbon Budgets Explored




