Outrage + Optimism: The Climate Podcast

The End of Oil? Inside the Hidden Decline of Fossil Fuels | Earth Day Special

24 snips
Apr 24, 2025
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Historical Roots of Stranded Assets

  • Mark Campanale recalls discussing stranded assets 25 years ago with Tessa Tennant and Paul Dickinson.
  • This historical context shows how early concerns became a driving force behind carbon tracking.
INSIGHT

Carbon Tracker's Birth Insight

  • Carbon Tracker was founded to address the risk that fossil fuel reserves exceed the carbon budget.
  • This revealed that burning all reserves would cause dangerous global warming beyond scientific limits.
INSIGHT

Oil Majors' Self-Liquidation

  • Oil and gas majors are investing less to replace reserves, effectively self-liquidating.
  • This managed decline reflects a shift in industry strategy amid climate and market pressures.
Get the Snipd Podcast app to discover more snips from this episode
Get the app