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A climate agreement limiting global warming to 2 ° C would cause
28,000 billion $ worth of losses for holders of assets in the oil, gas
and coal industry. A figure put forward at the conference organized by
The Shift Project, Quattrolibri and Revue Banque on February 13th, 2015
The Shift Project is a partner of the Business and Climate Summit, which will take place on May 20th & 21st 2015, ahead of the Paris COP21. Responding
to the UN Secretary General’s invitation for business to take a more
active role in the world decarbonation process, a large number of
business networks have decided to...
Half of conventional oil resources, the majority of natural gas resources and almost all coal resources should remain underground if humanity is to succeed in limiting global warming to 2 ° C, CO2 capture and storage included. Almost all non-conventional hydrocarbons - including shale gas - should remain untapped, according to the...