article thumbnail

For a livable future, 60% of oil and gas must stay in the ground

Grist

The researchers set out to estimate how much of the world’s fossil fuel reserves must remain in the ground in order to limit global warming to 1.5 The first has to do with the carbon budget — the amount of carbon that can be emitted before the planet warms more than 1.5 degrees Celsius (2.7

article thumbnail

Negative Emission Technologies And Land Use

Energy Innovation

Given the Paris Accord’s aspirations, the climate challenge facing humanity can be expressed in simple terms: halve annual carbon dioxide (CO 2 ) emissions by 2030, halve them again by 2040, and again by 2050. Here we focus on some aspects of land-use and negative emission technologies (NET) dependent on the land.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IMO GHG Strategy Revision: How Investors Can Push the Needle 

EDF + Business

. “Chicken and Egg” Dilemma The decarbonization of the sector rests largely on the commercialization of zero-carbon fuels and technologies for ships. It must also develop practical and cost-effective pathways for the maritime sector to be in line with a pathway that limits global warming to no more than 1.5°C.

article thumbnail

The IPCC Synthesis Report: Ten key takeaways for business

Business Green

But the solutions are there On the other hand, the report stresses there is still time to deliver a low-carbon, sustainable economy where climate-resilient development becomes the norm. of warming is just about still feasible, and keeping temperature increases below 2C is definitely achievable if rapid action is taken.

article thumbnail

'Planet-positive force': How the global chemicals industry can reinvent itself as a climate solution

Business Green

That is the upbeat conclusion of a major new report today, which argues that while the chemicals industry currently lags behind many other sectors of the economy in terms of climate action, it has the potential to reinvent itself as a critical climate solution and even become carbon negative by 2040.

article thumbnail

A fossil fuel demand peak is fast approaching, but will it come soon enough?

Business Green

The update follows a turbulent year for the energy industry - and indeed the global economy as a whole - which has suffered severe disruption from the Covid-19 as enforced lockdown measures and industry shut-downs resulted in plummeting demand for energy. carbon budget for 2100 as soon as the early 2030s.

article thumbnail

What Is Carbon Accounting? Standards, Frameworks, Developments and Challenges

Green Business Bureau

What is carbon accounting? Carbon accounting – also known as a carbon or greenhouse gas inventory – is the process of measuring the amount of carbon dioxide, or other greenhouse gases (GHG), an organization emits. Carbon accounting is a must for any becoming business today.

Carbon 78