It would be necessary to retain a significant amount of the world's current fossil fuel reserves underground in order to reduce the rise in global temperature to well below 2°C. In order to keep global warming to 1.5°C, the Paris Agreement target, an estimated 60% of oil and gas reserves and 90% of known coal stocks need stay untapped, according to a 2022 research published in the journal Nature. These "stranded assets"—fossil fuel resources that cannot be burnt and fossil fuel infrastructure, such as pipelines and power plants—that is no longer in use and may become a liability before the end of its expected economic lifetime—would be left behind in this scenario. The shift to a low-carbon economy might have an impact on companies that extract coal, gas, and oil, but other industries are also at danger. Other industries, like the aviation industry, that rely on fossil fuels as manufacturing inputs or are otherwise energy- or carbon-intensive, may also be affected. All ...
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