The Carbon Tracker Initiative at Davos, 2014.
Leonardo Di Caprio at the UN General Assembly, September, 2014
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Carbon Bubble was first identified by British think-tank, Carbon
Tracker Initiative (CTI), in 2011. The International Energy Agency
(IEA) has also developed numbers on Carbon Bubble and found similar
The diagram below shows the proportion of unburnable carbon associated
with global fossil fuel reserves.
International Energy Agency found a higher percentage of the world's
proven fossil fuel reseves can be burnt and still meet the 2 degree
target. However, this discrepency appears to be because their
confidence limits of reaching the 2 degree target were 50% compared to
Carbon Tracker's confidence limits of 80%.