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Tag: "carbon budget"

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Citigroup sees $100 trillion of stranded assets if Paris succeeds

Citigroup sees $100 trillion of stranded assets if Paris succeeds

If you hear a lot of noise about climate policies and climate action over the next few months in the lead up to the Paris climate conference, it is because there is a lot at stake. According to Citigroup analysts: $US100 trillion of potential stranded assets in the fossil fuel industry.

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The trillion-dollar hole in Abbott's climate policy logic

The trillion-dollar hole in Abbott’s climate policy logic

While the Coalition maintains that ambitious targets for renewables and emissions reduction would be economically catastrophic for Australia, a new report from Citigroup has come to exactly the opposite conclusion: strong climate action could save governments around $1.8 trillion by 2040, while inaction could cost as much as $44 trillion by 2060.

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One year on from the carbon price, Australia's emissions rebound is clear

One year on from the carbon price, Australia’s emissions rebound is clear

If you look at the carbon tax as an experiment, there are four main conclusions you can draw from its results, 12 months after the price was removed.

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King coal’s stages of grief, part 1: Facing the facts

King coal’s stages of grief, part 1: Facing the facts

Denial, anger, bargaining, depression, and acceptance. The 5 stages of grief for coal.

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... and why China has announced a national carbon market

… and why China has announced a national carbon market

China announces it would launch a national carbon market in 2018 based on the 6 regional pilot programs launched in past year.

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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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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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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?