Carbon Lock-in Curves (CLICs) are a new method we have created to objectively assess the carbon budget implications of current and planned assets. CLICs create a way to order, optimise, and represent portfolios of assets based on their committed emissions or future ‘carbon lock-in’. Cumulative committed emissions across assets are compared to carbon budgets to determine which assets are compatible (or incompatible) with a given budget. Assets that are incompatible with carbon budgets face a higher risk of stranding due to action on climate change. CLICs allow companies, policymakers, financial institutions, governments, regulators, and civil society to see whether current or proposed assets are compatible with different climate pathways and how this could change over time. This report introduces CLICs and applies the approach to analyse the compatibility of power generating assets in Southeast Asia with global and country-level carbon budgets.
Other Recent Briefings
Enhancing Voluntary Collaboration on Cooling Through the G20
Position statement: Managing wildlife trade in the context of COVID-19 and future zoonotic pandemics
Types, Sources, and Claims of COVID-19 Misinformation
Horizon scanning for illegal wildlife trade: a strategic approach to inform future CITES policy decisions
Darknet Usage in the Illegal Wildlife Trade
Achieving Net Zero: Metrics and Policies Aligning Energy, Industry and Agriculture with 1.5 Degrees