Asset Valuation in a Low Carbon World - Value implications of oil price scenarios for US oil and gas assets
Scientists estimate that in order to contain global warming below 2°C, only around 900 GtCO2, can be emitted between 2013 and 2050. Recent research shows that in order to meet this target, global demand for fossil fuels has to decline. In their 2014 report, The Carbon Tracker Initiative calculated that a global emission restriction in accordance with the 2-degree target would require a market pric