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We have limited time to transform investment patterns and capital allocation to avoid crossing tipping points that could lead to a hothouse earth. As the Task Force on Climate-Related Financial Disclosures (TCFD ) has shown, changes within financial institutions – such as climate mainstreaming in investment processes – can be slow.
C or below will leave a substantial amount of fossil fuels unburned and could strand considerable fossil fuel infrastructure. Depending on its availability, CCS could allow fossil fuels to be used longer, reducing strandedassets.”. What is carbon capture and storage? What role are governments playing to facilitate growth?
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