IEA. Climate change Promoting sustainable development and combating climate change have become integral aspects of energy planning, analysis and policy making.
Because energy accounts for two-thirds of total greenhouse gas emissions and 80% of CO2, any effort to reduce emissions and mitigate climate change must include the energy sector. Skeptical Science. RealClimate.org. Www.climateactiondarwin.org. NINTI ONE RESOURCE CENTRE.
Safe Climate Australia. Climate Action Network Australia. Beyond Zero Emissions. Climate Action Tracker. Carbon Tracker Initiative. Unburnable carbon 2013: Wasted capital and stranded assets. This new research from Carbon Tracker and the Grantham Research Institute on Climate Change and the Environment at LSE calls for regulators, governments and investors to re-evaluate energy business models against carbon budgets, to prevent $6trillion carbon bubble in the next decade.
Unburnable carbon 2013: Wasted capital and stranded assets has revealed that fossil fuel reserves already far exceed the carbon budget to avoid global warming of 2°C, but in spite of this, spent $674billion last year to find and develop new potentially stranded assets. “Smart investors can see that investing in companies that rely solely or heavily on constantly replenishing reserves of fossil fuels is becoming a very risky decision. The report raises serious questions as to the ability of the financial system to act on industry-wide long term risk, since currently the only measure of risk is performance against industry benchmarks.” Professor Lord Stern. Australia's carbon bubble. The Australian Coal Association recently hired some consultants (ITS Global) to review the carbon bubble thesis.
For clarification, here are our corrections and responses to their output. The two degree commitment. Climate Reality Australia - Climate Reality Home. Total Environment Centre. Carbon Planet - Carbon Management.
The Climate Council.