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17:30 - 19:30 23 January 2014
ISR Seminar: Unburnable carbon: Coaxing the capital markets towards a low-carbon future
Location
Room G01 |
Central House
(
Map)
14 Upper Woburn Place |
London |
WC1H 0NN |
United Kingdom
Open to:
Academic |
Alumni |
Public |
Student
Admission: Free
Ticketing: Ticketed
Speaker information
Mark Campanale, Founding Director, Carbon Tracker
Luke Sussams, Researcher, Carbon Tracker
The ‘unburnable carbon’ thesis espoused in Carbon Tracker’s global analyses of 2012 and 2013 has reframed the energy-climate debate using this argument, giving new impetus to challenging high carbon investment.
The first report calculated that if governments are to keep global warming below the danger threshold of 2°C, then 80% of the coal, oil and gas reserves of public companies would need to stay in the ground. The second found that over the next decade, $6trillion will be spent by listed fossil-fuel companies to chase more, potentially strandable, reserves.
Mark and Luke will outline Carbon Tracker’s latest research around unburnable carbon risk, the market signals pointing towards potential high-carbon asset stranding and what changes are necessary to redirect this capital to finance a high- to low-carbon transition.
The event will be followed by networking drinks
Contact
Aimee Walker
aimee.walker@ucl.ac.uk
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