气候变化领域集成服务门户(CCPortal): Constraining fossil fuels based on 2 °C carbon budgets: the rapid adoption of a transformative concept in politics and finance

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DOI	10.1007/s10584-020-02695-5
	Constraining fossil fuels based on 2 °C carbon budgets: the rapid adoption of a transformative concept in politics and finance
	Strauch Y.; Dordi T.; Carter A.
发表日期	2020
ISSN	0165-0009
起始页码	181
结束页码	201
卷号	160 期号:2
英文摘要	This article traces how the notion of finite limits to emissions based on 2 °C carbon budgets was applied to increase the credibility of a carbon-constrained future in two very separate realms, social movements contesting fossil-fuel development and the financial sector—a process yet to be described in the relevant political and financial literatures. For each realm and sub-areas within them, we apply a three-wave taxonomy to trace the application of 2 °C carbon budget based concepts—including stranded assets, the carbon bubble, divestment, and anti-pipeline campaigns—from the fringe to the mainstream in under 10 years. We do so by drawing on relevant primary documents and peer-reviewed literature, complemented by a quantitative textual analysis of relevant discourse from news sources. The article establishes how, in efforts to shift expectations, climate proponents used 2 °C carbon budgets to frame a stark choice between a safe climate with strict carbon constraints and growth-oriented fossil-fuel interests. The article also demonstrates that these concepts, and efforts inspired by them, contributed to constraints on fossil-fuel developments and interests, arguably further enhancing the credibility of a carbon-constrained future. We conclude with a discussion of the potentially self-reinforcing nature of such expectation dynamics and by highlighting overlapping implications for actors across finance, where investors reorient risk assessment around climate, and social movements, where activists disrupt states’ entrenched commitment to fossil-fuel expansion. © 2020, Springer Nature B.V.
英文关键词	Carbon bubble; Carbon budgets; Climate justice; Climate politics; Financial sector; Fossil fuels; Fossil-fuel divestment; Social movements; Stranded assets
语种	英语
scopus关键词	Budget control; Carbon; Investments; Risk assessment; Carbon budgets; Carbon constraints; Financial sectors; Finite limits; Fuel development; Self reinforcing; Social movements; Textual analysis; Fossil fuels; carbon budget; conceptual framework; finance; fossil fuel; politics; risk assessment; temperature effect
来源期刊	Climatic Change
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/147188
作者单位	University of Waterloo, 200 University Avenue West, Waterloo, ON N2l 2C7, Canada; School of Environment, Enterprise, and Development, University of Waterloo, 4281 Environment 3, 200 University Avenue West, Waterloo, ON N2L 3G1, Canada; Department of Political Science, University of Waterloo, 311 Hagey Hall, 200 University Avenue West, Waterloo, ON N2L 3G1, Canada
推荐引用方式 GB/T 7714	Strauch Y.,Dordi T.,Carter A.. Constraining fossil fuels based on 2 °C carbon budgets: the rapid adoption of a transformative concept in politics and finance[J],2020,160(2).
APA	Strauch Y.,Dordi T.,&Carter A..(2020).Constraining fossil fuels based on 2 °C carbon budgets: the rapid adoption of a transformative concept in politics and finance.Climatic Change,160(2).
MLA	Strauch Y.,et al."Constraining fossil fuels based on 2 °C carbon budgets: the rapid adoption of a transformative concept in politics and finance".Climatic Change 160.2(2020).