The ApocaDocs Logo: the Deaths-head Jester

About:
[The Project]
[The ApocaDocs]
[Equal Share]
The Six Scenarios:
[Species Collapse]
[Infectious Disease]
[Climate Chaos]
[Resource Depletion]
[Biology Breach]
[Recovery]
Explore:

Play:

It's weekly, funny, and free!

SEARCH

More than 6,000 stories!

A great gift
for crisis deniers!


The ApocaDocs have a Book!
Humoring the Horror of the
Converging Emergencies
94 color pages
$24.99 now $15!
Or read FREE online!




Twitter




Ping this story
in social media:
del.icio.us
Digg
Newsvine
NowPublic
Reddit
Facebook
StumbleUpon

Posted Tue Jul 30 2013: from Grantham Research Institute/Carbon Tracker:
Investing in vapor: financial risks of stranded fossil fuel investments (PDF) http://apocadocs.com/s.pl?1375150200
... The modelling used in previous analyses by Carbon Tracker and the IEA showed that the carbon budget for a 2 degree C scenario would be around 565 - 886 billion tonnes (Gt) of carbon dioxide (CO2) to 2050.... This budget, however, is only a fraction of the carbon embedded in the world's indicated fossil fuel reserves, which amount to 2,860Gt CO2. A precautionary approach means only 20 percent of total fossil fuel reserves can be burnt to 2050. As a result the global economy already faces the prospect of assets becoming stranded, with the problem only likely to get worse if current investment trends continue - in effect, a carbon bubble.
[Read more stories about: economic myopia, bad policy, oil issues, tipping point, carbon emissions, capitalist greed]
This item will appear in our PANIQuiz!

New!:
No reader quips yet -- be the first!

Got a PaniQuip?

Your Quip (limit 140 characters, no links, just wit):

First name:

The text shown in the Web image to the right:


We reserve the right to reuse, remove, or refuse any entry.

'Doc Michael says:
I'm banking on the bubble keeping the balloon afloat!
At least until I can put all my money into tobacco and private militia.

NEXT>
More stories:
  • The Mystery of Bee Colony Collapse
  • Alaska forest fires 'worst for 10,000 years'
  • (Investing in vapor: financial risks of stranded fossil fuel investments (PDF))
  • Power companies wake to 'existential threat'
  • Baby Oysters In 'Death Race' With Acidifying Oceans

  • Want to explore more?
    Try the PaniCloud!
    Copyright 2010 The Apocadocs.com