Canada: Oil Sands Prevail Even if Most Carbon Becomes ‘Unburnable’: Suncor

Posted by Washington Post: Juliet Eilperin on October 30th, 2013
Bloomberg: The phrase “unburnable carbon” has gained currency among climate-minded investors, popularized by a U.K.-based nonprofit called the Carbon Tracker Initiative. It refers to the vast fossil-fuel reserves that, if burned, would probably push the global climate into the danger zone. Some investors are concerned that stock-market valuations would plummet if oil companies continue to spend hundreds of billions of dollars on exploration while the world lunges away from oil. Last week, a coalition of......

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