GEOG 2030 Lecture Notes - Lecture 5: Industrial Revolution, Main Source, Anthropocene

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Europe & africa: own less than 10% of global carbon reserves; push the most vigorously for global climate deals. Us, china, saudi arabia, canada: have largest fossil fuel reserves, many assets to be written off; resistant to climate legislations. Carboniferous era: wet, a lot of peat & plankton, carbon-rich organisms; vegetation died and was buried; pressure built up over millennia from sediment on top. Fossil fuels & vested interests: a society in denial (clark 2013) Governments are looking for new fossil fuel reserves, putting a lot of money into it; apparent that these reserves will have to be written off to combat global environmental change. Carbon bubble: investors will eventually realize that it makes no sense to expand fuel reserves with the incoming green movement; need to get used to the concept that we cannot burn a majority of what we have, either.

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