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2014 is the year for a strong, unified business voice on climate policy

Posted on 02 January 2014

Increased acceptance of the carbon bubble was an exciting development of 2013. Action on carbon prices and fuel efficiency standards are key for 2014. The increasing acceptance of the carbon bubble and stranded assets thesis is the most exciting climate change development of the last year. Although the Carbon Tracker Initiative (CTI) has been propagating the concept for years, the rapid mainstreaming of the idea makes it transformative.
For the first time the Intergovernmental Panel on Climate Change (IPCC) was clear that we have only 15 to 25 years before we bust the 1tn tonne carbon budget. CTI’s carbon bubble research goes further and shows that two thirds of fossil fuel reserves will have to remain in the ground………………………………………..Full Article: Source


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VRS - who has written 39433 posts on Opalesque Commodities Briefing.


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