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Home > Reports and Documents > Unburnable carbon: are the world’s financial markets carrying a carbon bubble? > Unburnable carbon: are the world’s financial markets carrying a carbon bubble?

Unburnable carbon: are the world’s financial markets carrying a carbon bubble? [1]

This research provides the evidence base which confirms what we have long suspected – that there are more fossil fuels listed on the world’s capital markets than we can afford to burn if we are to prevent dangerous climate change. Having satisfied that curiosity, this report marks a new phase of dealing with the implications for the investment world. The missing element in creating a low carbon future is a financial system which will enable that to happen. Political will, technology and behaviour change all play their part, but finance will be critical to tackling climate change. This analysis demonstrates why a greater focus on changing the financial system is required to align it with emissions reduction objectives.

Publication Date: 
01/07/2011
Carbon Tracker Initiative [2]
Tags:
Low Carbon Economy [3], Fossil Fuels [4], Oil [5], Natural Gas [6], Coal [7], India [8], Global [9], Industry [10], Carbon Intensity [11], Global Warming [12], Carbon Market [13], Carbon Dioxide [14]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


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Source URL: http://admin.indiaenvironmentportal.org.in/node/336639

Links:
[1] http://admin.indiaenvironmentportal.org.in/node/336639
[2] http://admin.indiaenvironmentportal.org.in/taxonomy/term/29910
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/low-carbon-economy
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fossil-fuels
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-intensity
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global-warming
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-market
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide