The worlds oil and gas companies own assets equivalent to 2,795 gigatons of carbon emissions worth about $27 trillion... and yet scientists suggest that anything more than 565 gigatons worth of emissions will bring the planet past the tipping point. Do you really think those oil and gas companies will allow 80% of their assets to stay in the ground? Assets they are borrowing on, and which trade like real money on the stock market. Scary.
Posted on: Thu, 19 Jun 2014 00:18:42 +0000
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