Indeed, the remaining carbon-emissions “budget” until 2050, adherence to which is required to limit the global temperature increase to 2°C, is five times smaller than the carbon equivalent of proven fossil-fuel reserves. This means that only 20% of these reserves, based on which SWF assets are valued, can be burned unabated.
事实上，在2050年前的剩余碳排“预算”——全球气温上升幅度不大于2℃——比探明化石燃料储量的碳当量小五倍。这意味着这些储量中只有两成能够在不引起争议的情况下被使用，而它们乃是主权财富资产的基础。