What happens if we ‘burn all the carbon’? carbon reserves, carbon budgets, and policy options for governments

Author:

Parker Kevin M. A.1ORCID,Mainelli Michael R.2ORCID

Affiliation:

1. KKI Associates Ltd, Science and Business Advisor Z/Yen Group, 1 King William Street, London EC4N 7 AF, UK

2. Z/Yen Group, Lord Mayor of the City of London, Mansion House Walbrook, London EC4N 8BH, UK

Abstract

New estimates indicate that current reserves would 'bust' IPCC RCP budgets – yet companies still explore and develop new reserves. Why is this and what can governments do about it?

Publisher

Royal Society of Chemistry (RSC)

Reference86 articles.

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2. London Accord 2007 , https://www.longfinance.net/programmes/sustainable-futures/london-accord/london-accord-2007/ , (accessed May 2023)

3. Carbon - Burn it all?! , https://www.zyen.com/research/research/sustainability/carbon-burn-it-all/ , (2006, accessed May 2023)

4. BP's Deep Water Horizon Has a Deep Impact on UK Pension Schemes , https://www.labaton.com/blog/bps-deep-water-horizon-has-a-deep-impact-on-uk-pension-schemes , 2010 , accessed May 2023)

5. Unburnable Carbon – Are the World's Financial Markets Carrying a Carbon Bubble? , https://carbontracker.org/reports/carbon-bubble/ , 2011 , accessed May 2023)

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