Full Title: Unburnable Carbon: Ten Years On
Author(s): Thom Allen, Mike Coffin
Publisher(s): Carbon Tracker Initiative
Publication Date: June 23, 2022
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Over $1 trillion of oil & gas assets risk becoming stranded as a result of policy action on climate and the rise in alternative energy sources.
The majority of this unburnable carbon is held by companies listed in just a handful of global financial centers.
Unburnable Carbon finds that the majority of embedded emissions are listed on the stock exchanges of China, USA, India, Russia and Saudi Arabia where, with the exception of the USA, emissions are dominated by the partial listings of state-owned companies.