Attention investors: Climate policy could knock off half the value of fossil fuel companies

Attention investors: Climate policy could knock off half the value of fossil fuel companies | Grist

grist.org 08 Feb '13, 5pm

Attention investors: Climate policy could knock off half the value of fossil fuel companies

A recent (subscriber-only) report from HSBC Global Research helps shed some light on what’s at stake in the fight over climate policy. Short answer: a hell of a lot, especially if you’re invested in fossil fuels. The International Energy Agency says that, to have a 50 percent chance of limiting global average temperature rise to 2 degrees Celsius, we can only afford to burn about a third of known fossil-fuel reserves between now and 2050. That means leaving around $20 trillion worth of assets in the ground. That is global warming’s “terrifying new math .” The analysts at HSBC tried to figure out what would happen to the value of European oil and gas companies if governments put in place policies to achieve this goal. Not surprisingly, the effects would be dire. First HSBC assumes that, with policies to hit 2 degrees in place, any projects at a cost of more than $50/barrel ...

Full article: http://grist.org/business-technology/attention-investors-...

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@StepanVdovine » 16 Feb '13, 7pm
RT @KQ_VanCity: Another reason for #cleanenergy strategy [email protected]: Attn investors: #Climate policy could cut fossil fuel biz value 50% [link]
@KQ_VanCity » 16 Feb '13, 7pm
Another reason for #cleanenergy strategy [email protected]: Attn investors: #Climate policy could cut fossil fuel biz value 50% [link]
@WWF_Schweiz » 14 Feb '13, 12pm
Auch Bankenstudien machen mal Hoffnung: Klimaschutz kann Wert von Ölmultis halbieren. [link]
@CanadianYCC » 12 Feb '13, 10pm
RT @FossilFreeCAN: Attention Investors. #Climate could halve the value of #fossilfuel companies [link] #fossilfree #divest #tarsands
@CamFenton » 12 Feb '13, 10pm
Attention Investors. #Climate could halve the value of #fossilfuel companies [link] #fossilfree #divest #tarsands
@2020Action » 12 Feb '13, 6pm
Climate policy could reduce the value of fossil fuel companies by HALF: [link]
@AnnArbor350 » 11 Feb '13, 8pm
Current returns on fossil fuel investments don't necessarily = future returns. What a timely article from David... [link]
@SustainAlberta » 10 Feb '13, 3am
RT @SustainUBC: RT @grist: Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]
@gmcnevin » 10 Feb '13, 1am
Climate policy could knock off half the value of fossil fuel companies [link] Carbon risk not yet priced into markets
@Iarlaith66 » 09 Feb '13, 7pm
RT @irishenviro: Climate policy could knock off half the value of fossil fuel companies -isn’t that intriguing [link] via @grist
@irishenviro » 09 Feb '13, 7pm
Why do Koch Bros spend millions to oppose climate policy?-they could lose half their value [link] via @grist
@irishenviro » 09 Feb '13, 6pm
Climate policy could knock off half the value of fossil fuel companies -isn’t that intriguing [link] via @grist
@PeterDEdmonds » 09 Feb '13, 3pm
RT @dvergano: RT @bradplumer Oil & gas companies would lose 50% of their value if nations started seriously cutting carbon emissions [link]
@Jakkelien » 09 Feb '13, 11am
RT @ClubGreenNL: #Klimaatverandering beperkt houden (<2 graden) halveert de waarde van #oliemaatschappijen (rapport): [link] #fossil #fuel
@ClubGreenNL » 09 Feb '13, 11am
#Klimaatverandering beperkt houden (<2 graden) halveert de waarde van #oliemaatschappijen (rapport): [link] #fossil #fuel
@aeyakuze » 09 Feb '13, 10am
"@amuliro: Climate policy could knock off half the value of fossil fuel companies [link] < Our reserves cld also be worth 0!
@amuliro » 09 Feb '13, 4am
Attention investors: Climate policy could knock off half the value of fossil fuel companies [link] >>: @aeyakuze
@ideas4thefuture » 09 Feb '13, 4am
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@GroenWerkt » 09 Feb '13, 2am
#grist Attention investors: Climate policy could knock off half the value of fossil fuel companies #mlfeeds: A r... [link]
@DonallGeoghegan » 09 Feb '13, 1am
Carbon risk. You may not have heard the phrase before, but investors are now getting briefed. [link]
@GeorgeDearing » 09 Feb '13, 12am
Real climate policy could cut the value of big fossil fuel companies by 50% -- [link]
@Jackthelad1947 » 09 Feb '13, 12am
"Attention investors: Climate policy could knock off half the value of fossil fuel com.." - [link] - #auspol check your super
@iluvsolar » 08 Feb '13, 11pm
No wonder they're not going down w/out a fight. [link]
@shenningsson » 08 Feb '13, 10pm
RT @darrenshirley: Attention investors: Climate policy could knock off half the value of fossil fuel companies [link] via @drgrist
@darrenshirley » 08 Feb '13, 10pm
Attention investors: Climate policy could knock off half the value of fossil fuel companies [link] via @drgrist
@siristone » 08 Feb '13, 10pm
RT @Harringtonkent: Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]
@Camz99 » 08 Feb '13, 10pm
"Attention investors: Climate policy could knock off half the value of fossil fuel com..." - [link] - shared from @TaptuGreen
@chriswindeyer » 08 Feb '13, 10pm
RT @bradplumer: Oil and gas companies would lose 50% of their value if nations started seriously cutting carbon emissions: [link]
@bradplumer » 08 Feb '13, 10pm
Oil and gas companies would lose 50% of their value if nations started seriously cutting carbon emissions: [link]
@Alex_Verbeek » 08 Feb '13, 9pm
Attention investors: Climate policy could knock off half the value of fossil fuel companies [link] #risk
@WillSeattle » 08 Feb '13, 9pm
RT @GreenVanGuy: Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]
@EI_TarSands » 08 Feb '13, 9pm
#tarsand Attention investors: Climate policy could knock off half the value of fossil fuel companies: Grist [link]
@EI_Coal » 08 Feb '13, 9pm
#coal Attention investors: Climate policy could knock off half the value of fossil fuel companies: Grist [link] A recent (s...
@EI_Fracking » 08 Feb '13, 9pm
#fracking Attention investors: Climate policy could knock off half the value of fossil fuel companies: Grist [link]
@jcberg » 08 Feb '13, 6pm
RT @DrBobBullard: Attention investors: Climate policy could knock off half the value of fossil fuel companies | Grist [link]
@wrolley » 08 Feb '13, 6pm
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@HMTechnology » 08 Feb '13, 6pm
Attention investors: Climate policy could knock off half the... [link] #Article #BusinessampTechnology #ClimateampEnergy
@YOURSAUCED » 08 Feb '13, 6pm
RT @grist: Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]
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@drvox » 08 Feb '13, 5pm
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@PaxLupo » 08 Feb '13, 6pm
Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]
@pcfulCOaLiTiON » 08 Feb '13, 6pm
Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]
@TedKottler » 08 Feb '13, 6pm
RT @grist: Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]
@grist » 08 Feb '13, 6pm
Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]
@risechallenge » 08 Feb '13, 6pm
Attention investors: Climate policy could knock off half the value of fossil fuel companies [link]