The Carbon Tracker Initiative is aiming to improve the transparency of the carbon embedded in equity markets. This will be done by identifying the scale of unburnable carbon currently listed on stock exchanges around the world in order to demonstrate the systemic risk to markets. This forms around 5 central workstreams:

  • Assessing systemic climate change risk
  • Challenging valuation assumptions and identifying stranded assets
  • Accounting for impaired/stranded/sub-prime assets
  • Investigating the Capital Raising process
  • Exploring the contradiction between climate policy and markets

Please contact us if you are interested in finding out more or working with us on these issues.

Exxon are not preparing for an energy transition to limit global warming – investors need to take action

Exxon's response to investor pressure to explain how it is adapting its business model to be consistent with addressing climate change has exposed the harsh reality. CTI believes this is an important step calling the bluff on the oil sector. As it becomes clear how the capital expenditure plans of the companies are incompatible with addressing climate change, so investors will have to act.

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Exxon opens the way for stranded assets disclosure regulations

Landmark agreement with shareholder activists on reporting on Carbon Asset Risk. An astonishing milestone for Carbon Tracker and the oil, gas and coal industry as a whole. On March 20th, 2014, Exxon Mobil, the oil giant, committed to publish a report on "carbon asset risk".

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Latest newsletter: Twin peaks – Coal and oil CAPEX?

Read the latest Carbon Tracker newsletter - Twin peaks: Coal and oil CAPEX? - summarising the most important developments in our world over the first three months of 2014

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‘Carbon bubble’ risk to financial stability, MPs warn

A new report from the Environmental Audit Committee has warned the over-valuation of fossil fuel assets could be inflating a 'carbon bubble'

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Carbon Tracker respond to the US State Dept on KeystoneXL pipeline

New Carbon Tracker research concludes the impact of KeystoneXL pipeline will be more significant than the State Department suggest

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World’s largest wealth fund to study fossil fuel investment risks

Norway's $840bn oil fund to set up expert panel to assess risks of its fossil fuel investments

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Carbon Tracker at the World Economic Forum

Read all about the Carbon Tracker team at the World Economic Forum 2014 in Davos as they spread the high carbon asset stranding risk thesis.

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Carbon Tracker reveals its first CEO

Carbon Tracker are delighted to announce that our new CEO will be Anthony Hobley, partner at London-based law firm Norton Rose Fulbright.

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Keystone XL pipeline: A mirage for oil-sands investors?

New research from Carbon Tracker reveals that the approval of KXL could trigger a rush of investment into risky high-cost, high-carbon projects whose marginally improved economics are wiped out by rising costs.

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Investors worth $3trn challenge fossil fuel companies

A coalition of 70 investors worth $3 trillion call on world's largest oil & gas, coal and electric power companies to assess risks under climate action and 'business as usual' scenarios. Read more

Carbon Avoidance

New research with ACCA into reserves reporting and accounting standards identifies opportunities to make carbon exposure more transparent. Read more

Carbon Tracker’s guide to using carbon budgets

The potential for unburnable carbon and stranded fossil fuel assets has been again thrust into the limelight with the IPCC’s carbon budget analysis in its latest report. Use this Q&A to find out about where the differences lie between the IPCC, IEA and Carbon Tracker's carbon budgets. Read more

Carbon Tracker and the Grantham Institute launch Unburnable Carbon 2013

Our new research re-examines the scale of global unburnable carbon since the seminal 2011 report, and assesses the degree to which companies are inflating the carbon bubble even further

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Carbon Tracker and Standard & Poors launch report

Carbon Tracker and Standard & Poors have been working together on the implications of carbon constraints for credit ratings of the oil and gas sector.

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Unburnable carbon: Budgeting carbon in South Africa

Our new research on coal reserves earmarked for the South African market provides a stark warning to the Government Employees Pension Fund and other investors of the carbon bubble risk to their investments.

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To divest or not to divest

As the 350.org tour takes the new maths of climate change across the US, we take a look at the options open to investors, for whom divestment is not on the table.

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Rolling Stone: Global warming’s terrifying new math

Three simple numbers that add up to global catastrophe - and that make clear who the real enemy is by Bill Mckibben Read more in Rolling Stone Magazine (July 2012)

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Carbon Bubble?

Are the world’s financial markets carrying a carbon bubble? Read this new analysis by Carbon Tracker.

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Some IPOs should be too hot to handle

The planned listing of Coal India is the latest example of how capital markets are failing to price – or even consider – climate change risk.

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Aviva Investors recognise all reserves cannot be burnt

"Valuations of the oil and gas sector still assume that they will be able to take all proven and probable reserves out of the ground and burn them. "Based on credible data we cannot be allowed to do that,"

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