"Determining where this capital is spent needs to be an important issue for investors, otherwise there is going to be a lot of capital wasted in coming years on developing fossil fuel reserves that cannot be burned".
It has the second largest oil reserves among the former Soviet republics after Russia, and its oil exports are expected to soar as its huge Kashagan oil field, in the Caspian Sea, develops.
It also possesses the fourth-largest proven reserves of natural gas in the world.
After three months of turbulent talks, and with cash reserves running perilously low, Greece's leftist-led coalition reshuffled its negotiating team on Monday.
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.
Far more fossil fuels – about 2650GT – are held by state-owned companies, meaning that in total there are four to five times more fossil fuels in existing reserves than can be safely burned.
Globally, 82% of today's reserves must be left underground.
The modern game's most decorated player Adam Goodes wants to play reserves rather than be an AFL substitute amid fresh calls for the sub to be scrapped.
Goodes has volunteered to be dropped to Sydney's reserves side after just 15 frustrating minutes of game-time as an AFL sub last weekend.
However, Black Shuck is not the only apparition to add to the ghostly reputation of Wicken Fen, one of Britain's oldest nature reserves.
Wildlife Trusts' Nature Finder (Free) Now something for people travelling around the UK in search of the local fauna: an app from the Wildlife Trust with maps and lists of its nature reserves and events – more than 2,000 places and 10,000 events a year – to help you explore the countryside.
