Climate Change update

Summary:
Extreme weather events resulting from the changing climate are threatening some 40 percent of the world’s recoverable oil and gas reserves, risk consultancy Verisk Maplecroft has said in a new report.The portion is equal to some 600 billion barrels of oil equivalent, the report’s authors also said. Some 10.5 percent of the global recoverable oil and gas reserves are located in places that were rated as extremely risky under the consultancy’s Climate Change Exposure Indices, while the other 29.5 percent were rated as highly risky.Among the events listed in the report are storms and floods, rising sea levels, and extreme temperatures....OilpriceClimate Change Is Threatening 40% Of All Global Oil And Gas ReservesIrina

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