Friday, May 31, 2013

Crossing the 400 ppm line: Concentration of carbon dioxide reaches tipping point | rabble.ca

Crossing the 400 ppm line: Concentration of carbon dioxide reaches tipping point | rabble.ca
"The result is a new concept -- the "carbon bubble." The essence of their work is this: a great deal of the stated value of stock exchanges around the world is in unburnable fossil fuels. The level of capital expenditure in developing those reserves over the next decade would amount to $6.74-trillion in wasted capital -- developing reserves that simply cannot be burned."

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