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Containing global temperature rise to well below 2°C would require keeping a large proportion of existing fossil fuel reserves in the ground. This would result in fossil fuel resources that cannot be burned and fossil fuel infrastructure that is no longer used – these are known as ‘stranded assets’. Read more

Hendrik Wolff is Professor of Environmental Economics in the Department of Geography and Environment at the London School of Economics... Read more

Because most countries, institutions, companies and individuals will continue to generate greenhouse gas emissions through their activities even as the world decarbonises, many compensate for these ‘residual’ emissions by purchasing carbon credits – commonly known as ‘offsetting’ emissions. Read more

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