Tag Archives: stranded reserves

Blowout Week 143

In this week’s blowout we revisit the issue of £billion dumb meters, weak oil prices, Libya ramping oil production a lot, Donald Trump wooing the oil industry, Australia’s stranded coal reserves, wind frenzy in China, US wave power takes off, blackouts in Puerto Rico, the Nordlink inter-connector, Holland to close coal fired power generation, Tesla to power Europe. Continue reading

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Blarney from Carney

Mark Carney’s claim that between two-thirds and four-fifths of the world’s proven global oil, gas and coal reserves could be left “stranded” because of climate change action is not supported by the data. All of the oil and gas reserves plus about 20% of the coal reserves could be consumed without exceeding the IPCC’s trillion-tonne carbon emissions limit. Continue reading

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