March 2015
Resource Responsibility and the Global Carbon Crisis
5th March 2015 | Peter Rolton: Chairman, Rolton Group
Although it doesn’t feel so long ago, it has been almost two years since I wrote about the mounting risk of investing in fossil fuels; in short, great portions of the reserves we are currently spending billions per year to discover and explore will have to remain unburnt if we are to avoid more than 2°C of global temperature rise, leaving eye-wateringly valuable assets stranded under the ground and potentially creating a global financial crash far more serious than the one from which we are just starting to emerge.
Posts from March 2015
Resource Responsibility and the Global Carbon Crisis
5th March 2015 | Peter Rolton
Although it doesn’t feel so long ago, it has been almost two years since I wrote about the mounting risk of investing in fossil fuels; in short, great portions of the reserves we are currently spending billions per year to discover and explore will have to remain unburnt if we are to avoid more than 2°C of global temperature rise, leaving eye-wateringly valuable assets stranded under the ground and potentially creating a global financial crash far more serious than the one from which we are just starting to emerge.