Share page with AddThis
03 November 2015

The carbon bubble – Part 1: Toil and trouble

According to industry experts, the world has a ‘carbon budget’ of just 1,075 gigatonnes (Gt) left to burn by 2050 to secure a 50% probability of capping global warming at 2 degrees Celsius. Analysis from the Carbon Tracker Initiative suggests that 60-80% of fossil fuel resources would have to remain unburnt to avoid dangerous global warming. Yet the carbon potential of IOCs’ listed reserves on global stock exchanges is around 770 Gt – the true cost of which has not been factored into their stock market valuation. This has given rise to the ‘carbon bubble’ concept – a bubble in the valuation of companies linked to fossil fuel-based energy production. With new and potentially binding carbon-reduction legislation looming, Gas Strategies asks whether the bubble is about to burst.

Subscription Benefits

Our three titles – Gas Matters Today, Gas Matters and LNG Business Review – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.

Gas Matters Today

Gas Matters Today's news analysis keeps you fully briefed on the relevant people, companies and events shaping the gas, LNG and wider hydrocarbon industries.

Gas Matters

Gas Matters provides essential context for the global gas industry and wider energy complex, pairing insider insight with broader themes - from geopolitics to macroeconomics to regulatory risk.

LNG Business Review

LNG Business Review gives the insiders view on issues LNG mangers are facing today, written by Gas Strategies' network of LNG experts.

Stay current and search the past

Access news and features published daily*, plus a fully searchable archive.

Available when you need it

Save stories, features, news and interviews and also read offline in the Gas Strategies app.

Stay up-to date

Get real-time access to articles as they are published with alerts for the latest content.


Access content via mobile or tablet, dedicated apps, web browser or customise a downloadable pdf.


For more information please contact the subscriptions team on +44 (0) 20 7332 9981 or [email protected]

*Monday to Friday, excluding UK public holidays.

Share page with AddThis

Did you know that your Internet Explorer Browser is out of date?

Your MS Internet Explorer browser is out of date, and will not be fully compatible with our website. For best browsing experience we recommend that you upgrade your IE browser to a more recent version or use an alternative, more recent browser.