Chris Hall

NOVEMBER 1, 2024

The committee’s most recent report , published in July, called for swift action to achieve the UK’s 2030 target of reducing carbon emissions by 68% compared to 1990 levels. But we’ll have paid for it, so we’ll be using it rather than wind turbines and paying the wind energy firms to turn their wind off,” said Lord Deben. It’ll be a mess.”

Climate Change 81

Climate Change Net Zero Stranded Assets Paris Agreement 81

Corporate Knights

OCTOBER 7, 2024

The second aim states that signatories should achieve net-zero emissions from electricity consumption by 2030. Is Bitcoin the next stranded asset? Recent developments in technology suggest the industry has started putting plans into action, with the appearance of sustainable tools and infrastructures. But there's a catch.

Decarbonize 274

Decarbonize Stranded Assets Green Bonds Net Zero 274

ESG Today

MARCH 14, 2024

Alongside the new Scope 3 target, however, Shell also eliminated a 2035 emissions intensity goal, and revised down its interim 2030 intensity goal as well. While the company had previously set 2030 targets to reduce its Scope 1 and 2 emissions, it had avoided setting an interim Scope 3 target.

Net Zero 104

Net Zero Stranded Assets Paris Agreement Climate Change 104

Corporate Knights

AUGUST 15, 2022

In April, 2021, Germany’s Constitutional Court declared that the country’s 2030 emission reduction targets were insufficient, lacking in detail, and therefore violated the fundamental rights of citizens—including the nine youth climate campaigners who originally launched the case.

Stranded Assets 354

Stranded Assets Shipping Net Zero Manufacturing 354

Corporate Knights

OCTOBER 11, 2022

Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement. About two-thirds of the GHG reductions achieved by these companies were genuine from the planet’s perspective; much of it came courtesy of efficiency measures or retiring polluting assets.

Divestment 358

Divestment CDP Stranded Assets Paris Agreement 358

Corporate Knights

SEPTEMBER 27, 2023

Fossil fuel demand falls 25% by 2030, fossil sector methane emissions drop by three-quarters, energy efficiency adoption doubles, global renewable energy capacity triples, and annual clean energy investment rises from US$1.8 trillion by the early 2030s in the latest net-zero roadmap published this morning by the International Energy Agency.

Net Zero 317

Net Zero Stranded Assets Climate Change Development 317

Corporate Knights

DECEMBER 6, 2023

At the COP28 climate summit in early December, the federal government announced new draft regulations that it says would result in a 75% reduction in methane emissions in the oil and gas sector from 2012 levels by 2030 while acknowledging that further work is required to accurately quantify methane emissions.

Net Zero 360

Net Zero Shipping Stranded Assets Climate Change 360

Corporate Knights

JUNE 19, 2024

Gas demand is set to peak in 2030 in all scenarios, the IEA has said, raising the thorny question of when new investments in oil and gas will become stranded assets. That’s why Julia Levin, associate director of Environmental Defence, is wary of the federal government’s “sector-agnostic” loan guarantee.

Stranded Assets 176

Stranded Assets Net Zero Development Banking 176

3BL Media

SEPTEMBER 23, 2022

President Xi Jinping announced in 2020 plans to target peak CO 2 emissions by 2030 and to transition toward carbon neutrality by 2060. Case Study: Stranded Assets and the Economics of a Chinese Power Plant. Stranded assets are a common theme in investment analysis of the global energy transition.

Stranded Assets 130

Stranded Assets Decarbonize Climate Change Development 130

Corporate Knights

MARCH 20, 2023

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” In energy supply, solar and wind deliver by far the highest net emission reductions through 2030 at the lowest cost. The dangers of overshooting 1.5°C

Climate Change 282

Climate Change Stranded Assets Decarbonize Paris Agreement 282

ESG Today

JULY 25, 2023

Canada’s Environment and Climate Change Minister Steven Guilbeault said: “By eliminating inefficient fossil fuel subsidies, we are encouraging smart and efficient government investment decisions that can increase Canada’s competitiveness in a decarbonizing global economy, while avoiding creation of stranded assets.

Stranded Assets 97

Stranded Assets Net Zero Clean Technology Global Economy 97

ESG Today

JANUARY 25, 2023

Build more investor confidence in green infrastructure projects The greatest fear that many investors have around investing in green infrastructure projects is that they become “stranded assets.” To prevent this, governments must make a long-term commitment to a green energy source such as hydrogen or nuclear. oil and gas).

Stranded Assets 104

Stranded Assets Paris Agreement Net Zero Supply Chains 104

Chris Hall

FEBRUARY 28, 2022

Stranded assets, defaults in thermal power, steel and cement sectors may increase if companies do not shift to low-carbon alternatives. The stress tests found that the capital adequacy ratio would fall to 14.57% by 2030 under a ‘light pressure’ scenario, and to 14.27% under a ‘severe pressure’ scenario.

Stranded Assets 52

Stranded Assets Banking 52

Corporate Knights

JULY 25, 2023

Those numbers left any Indigenous investor with the prospect of losing money on the deal and facing “the likely prospect of being saddled with a stranded asset,” independent economist Robyn Allan, a former president and CEO of the Insurance Corporation of British Columbia, told The Energy Mix at the time.

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

3BL Media

MARCH 25, 2022

The evolving climate drives physical risks—damaged or stranded assets and business-interruption costs from severe weather events. Climate Value at Risk (CVaR)* is the economic value of physical and transition risks plus technological opportunities—one way of measuring the financial impact of climate change.

Climate Change 244

Climate Change Supply Chains Supply Chain Stranded Assets 244

Chris Hall

JANUARY 17, 2025

For example, in December the EU approved the Packaging and Packaging Waste Regulation , which include new targets introduced for recyclability, reusability and banning single-use plastic packaging starting on January 1, 2030. In addition, plastics producers face transitionary, reputational and physical risks.

Stranded Assets 78

Stranded Assets Waste Supply Chains Supply Chain 78

3BL Media

MAY 17, 2022

To maintain a chance to avoid the worst climate impacts, science says we need rapid, deep emissions cuts – at least 50 percent by 2030. Meanwhile, the cost of climate damage , already in the hundreds of billions of dollars , will continue to mount. Today, we need three to six times more investment to maintain a livable climate.

Net Zero 130

Net Zero Climate Change Stranded Assets Supply Chains 130

3BL Media

DECEMBER 9, 2023

managing $446 billion, announced plans to invest $100 billion in climate solutions by 2030. This year, a record $1.8 trillion was poured into clean energy investment alone, far outpacing investment in fossil fuel energy, according to the International Energy Agency.

Net Zero 147

Net Zero Stranded Assets Climate Change Manufacturing 147

3BL Media

DECEMBER 26, 2022

To reach the overall EU objective of a 55% reduction in emissions by 2030, the building sector would need to reduce its own emissions by 60% [2], this couldn’t be more demanding. Investment fonds are optimizing their property asset portfolios from an energy efficiency perspective.

Smart Buildings 130

Smart Buildings Digitalization Stranded Assets Value Creation 130

Chris Hall

JANUARY 30, 2024

Financial institution focus Following successful litigation in 2021, a Dutch court required Shell to slash its emissions by 45% by 2030 and held the firm responsible for Scope 3 emissions from its value chain.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

Chris Hall

JANUARY 27, 2025

Alongside stranded asset dangers for investors, the early phase-out of emerging markets coal fleets leaves countries open to legal, financial risks. It aims to reduce CO2 emissions from the power sector to 290 million metric tonnes (MT) by 2030 and retire coal-fired power by 2040. This would lead to 1.5

Net Zero 64

Net Zero Stranded Assets Paris Agreement Banking 64

Chris Hall

MARCH 2, 2022

Last summer, the European Commission launched a raft of climate-related legislation – ‘ Fit for 55 ’ (Ff55) – to reduce net EU emissions by 55% by 2030 from 1990 levels. It includes a proposal for amending the 2009 Renewable Energy Directive to increase its target for renewables to 40% of its overall energy mix by 2030.

Net Zero 98

Net Zero Stranded Assets Global Economy Supply Chains 98

Chris Hall

APRIL 13, 2022

The shareholder resolution encourages TotalEnergies to become “the first oil and gas giant that has its targets for 2030 completely 1.5°C C aligned and be an example for others in the sector”, he added. Pressure on Amazon.

Paris Agreement 98

Paris Agreement Net Zero Greenhouse Gas Protocol Stranded Assets 98

Chris Hall

FEBRUARY 3, 2023

Research by the International Energy Agency (IEA) shows that a major push on energy efficiency could save the equivalent of China’s annual energy usage, as well as 33% of the total additional net zero emission reductions required by 2030.

Net Zero 98

Net Zero Stranded Assets Banking Development 98

Chris Hall

APRIL 14, 2023

These shareholder proposals also encourage banks to be mindful of facilitating and upholding business plans that invest in the development of new assets at disproportionate risk of becoming stranded assets. Proponents of the resolutions acknowledge the near-term need for fossil fuels. US and Canadian banks need to get on board.

Banking 98

Banking Greenwashing Net Zero Stranded Assets 98

3BL Media

FEBRUARY 11, 2022

This massive energy consumption comes with a hefty carbon footprint that would thwart the global effort to halve carbon emissions before 2030. VM Desired State Configuration (VMDSC), a downloadable vCenter appliance , addresses this issue — making it easy and low-risk to resize VMs and recover stranded assets for productive use.

Zero Carbon 130

Zero Carbon Development Stranded Assets Decarbonize 130

Chris Hall

MAY 22, 2024

BP has cut its oil and gas production reduction target from 40% to 25% by 2030, Shell dropped its goal to cut oil production by the same deadline, and TotalEnergies plans to increase both its oil and gas production by 2-3% per year until 2028. C pathway by 2050 would requires as much as 50% by 2030. Last year, Shell invested US$5.6

Divestment 89

Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

MAY 27, 2022

Climate-focused investors welcomed the change from the coal-wielding Scott Morrison, calling for an “investment grade 2030 emissions target”, and accompanying policy changes, including a National Transition Authority. Even so, we were reminded how far the G20 nations are from meeting their COP26 commitment to keep 1.5°C

Net Zero 52

Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

JANUARY 30, 2024

Financial institution focus Following successful litigation in 2021, a Dutch court required Shell to slash its emissions by 45% by 2030 and held the firm responsible for Scope 3 emissions from its value chain.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Envirotec Magazine

MARCH 25, 2024

The report, titled ‘Sustainable fuels for shipping by 2050 – the 3 key elements of success’, appears to reveal that the EU Emissions Trading Scheme (ETS) and FuelEU Maritime Initiative (FEUM) i will see the cost of fossil fuels more than double by 2030. 5 times this figure in 2030 would be $750m

Shipping 59

Shipping Net Zero Stranded Assets Global Economy 59

Chris Hall

MARCH 31, 2023

Exercising influence Worldwide, i nvestments in nature-based solutions (NbS), such as reforestation, or flood recovery, need to more than double by 2030 to US$384 billion, and the newly agreed Global Biodiversity Framework calls for at least US$200 billion of private sector capital a year. The capacity to employ this capital is huge.

Net Zero 98

Net Zero Supply Chains Supply Chain Stranded Assets 98

3BL Media

SEPTEMBER 29, 2023

Those organisations that have not considered reducing these emission sources could be misunderstanding the double materiality risks they carry: the risks to their business, like stranded assets or reputational risks, and their contribution to making the Earth uninhabitable.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

JANUARY 3, 2024

Rasmussen expects the scheme to meet its target – self-imposed, but in line with the protocol set by the Net Zero Asset Owner Alliance (NZAOA) – to reduce greenhouse gas (GHG) emissions from its listed equities and corporate bonds by 45% by the end of 2024, from a 2018 base. Some managers might not cover Scope 3 emissions,” he notes.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

OCTOBER 10, 2022

Transition plans should demonstrate alignment with 2030 decarbonisation targets, says UN Climate Envoy. In addition, institutions should have interim decarbonisation targets that are “consistent” with the 2030 target, set by the Intergovernmental Panel on Climate Change , of reducing CO2 emissions by around 45% from 2010 levels.

Net Zero 52

Net Zero Stranded Assets Banking UNEP 52

Chris Hall

SEPTEMBER 12, 2024

Guidance highlights the vital role of protected areas as a conservation tool, warning against the risk of stranded assets. Investors have been reminded of the critical part they can play in helping to halt and reverse biodiversity loss through strong policies, capital allocation and portfolio stewardship processes.

UNEP 52

UNEP Stranded Assets Supply Chains Supply Chain 52

Sustainable Development Network

AUGUST 30, 2019

A common message from Professor Jeffrey Sachs, Director of SDSN, is the critical need to articulate a clear long-term vision and not an incremental approach in order to avoid stranded assets and technology lock-in which will inhibit the energy transformation necessary to achieve the Paris Agreement goals.

Paris Agreement 52

Paris Agreement Stranded Assets Decarbonize Climate Change 52

Chris Hall

FEBRUARY 11, 2022

But while BP’s actions and words on transition are streets ahead of most peers, it still envisages 50% of capex being focused on traditional operations by 2030. The UK firm’s updated net zero strategy was hailed by some as a blueprint for the industry, and was welcomed by major investors.

Net Zero 52

Net Zero Supply Chains Supply Chain Stranded Assets 52