Stranded fossil-fuel assets translate into major losses for investors in advanced economies
Gregor Semieniuk,
Philip Holden,
Jean-Francois Mercure,
Pablo Salas,
Hector Pollitt,
Katharine Jobson,
Pim Vercoulen,
Unnada Chewpreecha,
Neil Edwards,
Jorge Vinuales
Jul 29, 2022
The distribution of ownership of transition risk associated with stranded fossil-fuel assets remains poorly understood. We calculate that global stranded assets as present value of future lost profits in the upstream oil and gas...