I normally criticise environmentalists using financial numbers, but Bill McKibben’s argument in August’s Rolling Stone is based on really interesting numbers:
167 countries are signed up to the 2° target (keep the impact of climate change within this range).
565 gigatons is the amount of carbon we can release into the atmosphere (roughly speaking) before we cross the 2° threshold (maybe). That’s just 16 years on current projections.
2,795 gigatons is what the current reserves of coal and oil based on fossil fuel industry reporting.
$27 trillion is what this represents on the balance sheets of the fossil fuel companies.
Read on here.