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'Carbon bubble' threatens climate negotiations
2013-04-23 21:53:00| Climate Ark Climate Change & Global Warming Newsfeed
New Scientist: This could get awkward. We need to stop burning fossil fuels to avoid the risk of dangerous climate change. But limiting the amount we can burn will take a chunk out of the global economy. A non-binding international agreement is in place to try to limit global warming to 2 °C. If it is to be honoured, we can only burn about a quarter of the planet's existing fossil fuel reserves. A new report from the Carbon Tracker Initiative says this would slash the value of the biggest energy companies...
Tags: carbon
climate
negotiations
bubble
Category:Electronics and Electrical