Definition of Hyperbole Hyperbole, derived from a Greek word meaning “over-casting,” is a figure of speech that involves an exaggeration of ideas for the sake of emphasis. IPCC demands Peak Oil now = hyperbole… Or does it? The IPCC’s report on 1.5°C and the risks of overinvestment in oil and gas Overinvestment in oil and gas creates risks for investors, regardless of whether the world is effective in tackling climate change. Either investors face assets being stranded as demand for fossil fuels falls in a transition to a low carbon economy, or the overinvestment contributes to excess emissions from fossil fuels, the failure to transition and the financial costs of a dramatically changed climate. Read the blog, Big oil is set to spend $5 trillion on fossil fuels we can’t afford to burn. […] Capital investment in new fields is incompatible with 1.5°C Our analysis compared average oil […]