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Low is followed by Suleiman Kerimov whose 40% stake in Russian gold mining company Polyus Gold make him the major owner of the company's coal reserves, estimated at 2.3GT by analysts at Fossil Free Indexes.
The analysis used data from Reuters retrieved on 25 April 2015 to determine the ownership of the top 50 publicly traded coal companies, as ranked by Fossil Free Indexes on the basis of the coal reserves held by each company.
The rise in carbon reserves is revealed in a list of the top 100 traded coal companies and top 100 oil and gas companies produced by Fossil Free Indexes (FFI), a US company.
The Guardian's analysis used data from Reuters retrieved on 25 April 2015 to determine the ownership of the top 50 publicly traded coal companies, as ranked by Fossil Free Indexes on the basis of the coal reserves held by each company.
Stuart Braman, chief executive of Fossil Free Indexes (FFI), a US firm that produced the figures, said: "While the world's carbon budget goes down every year, as more and more carbon dioxide is spewed into the atmosphere, the potential emissions [of the 200 companies] are going up".
In the women, testosterone and estradiol levels, and their free indexes increased about 2-fold in response to DHEA replacement.
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The portfolio's earnings growth rate averages 27percentt, versus 17percentt for the Morgan Stanley Capital International Emerging Markets Free Index.
The Thomson Reuters/Future Super fossil fuel free index outperformed the ASX 300 in the same year by over 14%.
Last year was the first time since 1992 that the Morgan Stanley Capital International free index of world stock markets, excluding the United States, declined.
The MSCI fossil fuel free index replicates its broad All Country World Index (ACWI), but without 124 companies identified as having large reserves of coal, oil and gas.
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