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Tag: "carbon budget"

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Steep emissions cuts needed or we'll blow our carbon budget

Steep emissions cuts needed or we’ll blow our carbon budget

The CCA’s budget approach to emissions reduction makes it crystal clear that whatever we do now cannot be divorced from what must be done later.

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Raising bar on car emissions could halve fuel costs: report

Raising bar on car emissions could halve fuel costs: report

Report says adoption of best practice light vehicle emissions standards could cut Australian fuel use – and cost to consumers – in half.

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Study debunks IPCC report, calls for more severe carbon budget

Study debunks IPCC report, calls for more severe carbon budget

A new study by an interdisciplinary group of scientists and economists has led to calls for more severe emissions cuts, and a tighter carbon budget.

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Global carbon budget gets a massive haircut

Global carbon budget gets a massive haircut

IPCC report suggests we may have used two thirds of our carbon budget already. That would mean less than 10 per cent of world’s fossil fuel reserves could be exploited if the world is to have a better than even chance of avoiding runaway global warming.

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What's driving climate action? It's the market, stupid

What’s driving climate action? It’s the market, stupid

When it comes to the shift to a low-carbon economy, many are so busy looking at politics for signs of change, they’re missing the signs in the market. Policy might be essential, but markets deliver solutions – and the signs are that this process is now well underway. Meanwhile, that carbon bubble just keeps getting bigger.

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Time to act quickly on carbon budget, says Climate Commission

Time to act quickly on carbon budget, says Climate Commission

Climate Commission adds voice for tight carbon budget, calls for major changes to energy production, says most fossil fuel reserves must stay in the ground.

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carbon budget

Graph of the Day: The world’s carbon budget made simple

The world has burned most of its carbon budget. This graph of the day explains what we have consumed, what’s left, and what it means.

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Unburnable carbon - value of fossil fuel giants at risk

Unburnable carbon – value of fossil fuel giants at risk

The IEA last year said if the world wanted to meet climate targets, it would have to leave two thirds of its fossil fuels in the ground. So what does unburnable carbon mean for oil and gas giants? HSBC crunches the numbers and says up to 60 per cent of the value of fossil fuel companies could be at risk.

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Australia's 'carbon budget black hole': Fact or political fiction?

Australia’s ‘carbon budget black hole’: Fact or political fiction?

Is the falling European carbon price as dangerous as everyone is saying, or is the hype around it mostly politically opportunistic?

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Why the 400 ppm climate milestone is irrelevant

Why the 400 ppm climate milestone is irrelevant

We were always going to blow past 400ppm. What matters now is whether humanity can avoid the positive feedback spiral.

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BHP Billiton: 'Coal is going to decline. And frankly, it should'

BHP Billiton: ‘Coal is going to decline. And frankly, it should’

Global mining giant’s coal chief talks climate risk, extreme weather, the absolute ceiling on GHG emissions and thermal coal’s inevitable decline.