Half a trillion dollars in gas capex must go – report26 November 2015
Nearly half a trillion dollars’ worth of gas projects will be surplus to requirements if the global temperature rise is to be limited to 2C above pre-industrial levels, a new report by a London-based thinktank has found.
The study, released on Wednesday by the Carbon Tracker Initiative, highlights the risk of fossil fuel assets becoming stranded, largely thanks to their carbon output.
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