Just 100 companies have been the source of more than 70% of the world’s greenhouse gas emissions since 1988, according to a new report.
The Carbon Majors Report “pinpoints how a relatively small set of fossil fuel producers may hold the key to systemic change on carbon emissions,” says Pedro Faria, technical carbon trackerCDPFossil Fuels Read More
Renewable power generation costs are already lower on average worldwide than those of fossil fuels and clean energy plants will become even more cost-competitive by 2020, a new sensitivity analysis published by the Carbon Tracker Initiative finds.
“Policy-makers and investors really need to question out dated assumptions on technology costs that 1.5 degrees2 degreescarbon trackerclimate changeEnergyFossil FuelsG20IndustryJames LeatonLCOEMatt Grayparis agreementPaul DowlingRenewables Read More
Fossil fuel companies risk wasting up to $2.2 trillion in the next decade, threatening substantially lower investor returns, by pursuing projects that could be uneconomic in the face of a perfect storm of factors including international action to limit climate change to 2˚C and rapid advances in clean technologies, think carbon trackerFossil Fuelsriskstranded assetssubsidiesunburnable carbon Read More