E - Stranded Assets - Value at Risk from Policy

Parents

2011/7 Achieving a 2oC could require a $20 trillion write-off by oil and gas companies
2012 Of proven reserves of 2,795 GTCO2, 65% from goal, 22% oil and 13% gas
2012 The proven reserves of stock exchange listed top 100 coal and top 100 oil and gas companies exceed "burnable carbon"
2013 We can only burn 30% of proven reserves on 2oC pathway - massive stranded investments
2014 Kepler Chevreux estimates that a 2oC scenario would cost $28 trillion in fossil fuel value
2015 Anticipated change in share price as a result of stranded assets scenario
2015 Carbon budget is largely consumed
2015 Citigroup estimates potential stranded fossil fuels at $100 trillion for a 2oC scenario
2015 Impact of CCS on burnable reserves
2015 Value of potentially unburnable carbon
2016 Figure 1 - impact of material carbon price
2016 Stranded oil assets based on higher retail price
2016 This study vs. other studies
2016/5 The value of fossil fuels left in the ground in achieving a 2oC scenario would be about $185 trillion
2017 A 2oC scenario will result in ~60 trillion in unburnable carbon
2017 Proven reserves dominate company valuation
E - Low Carbon Transition Costs
E - Valuation of Unburnable Carbon
Measures to achieve 2oC could strand $4 trillion
Oil and gas sector -- stranded assets between $1-4 trillion
Stranded assets in the global building stock could reach $10 trillion
Unburnable reservers to 2050 with and without CCS
Where are the proven reserves?