Paper examines climate risk and the fossil fuel industry

Monday, August 1, 2016 - 08:11 in Earth & Climate

Burning coal, oil and natural gas is responsible for two-thirds of the world's greenhouse gas emissions. Yet these same fuels are also the economic mainstay of resource-rich countries and the world's largest companies. According to a new working paper from Rice University's Baker Institute for Public Policy, this means that climate-change relief actions represent danger for the fossil fuel business.

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