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A trillion reasons to transition off fossil fuels

Corporate Knights

“The ownership distribution reveals an international net transfer of more than 15% of global stranded asset risk to OECD-based investors,” the researchers warn. trillion in stranded assets world-wide, the researchers found that physical stranded assets in OECD countries accounted for a total US$552 billion, or 39.2%.

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This is why investors want financial regulators to tackle climate risk

GreenBiz

Investors are already concerned about stranded asset risk in large swathes of the economy, such as energy, utilities, transportation and infrastructure. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. To reduce this risk, regulators in the U.S.

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Why needless growth isn’t needed

GreenBiz

If the world heeds that advice, we’ll leave a lot of stranded assets lying around. Of course, a chorus of activist investors have been pressing investors, banks and companies to examine their risks on stranded oil and gas assets for more than a decade, knowing this day would arrive. Sponsored Article.

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Larry Fink says accelerate. He needs to say it much louder

GreenBiz

Every dollar not spent in new ways to cut GHG and to stop the voracious linear economy is investing in future stranded assets. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Fink’s signal is not loud enough, especially for those in the back. Finance & Investing.

Net Zero 406
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The crypto industry was supposed to decarbonize by 2025 - how’s that going?

Corporate Knights

Is Bitcoin the next stranded asset? Read the original article here. Recent developments in technology suggest the industry has started putting plans into action, with the appearance of sustainable tools and infrastructures. RELATED: Ethereum goes green overnight. But there's a catch. appeared first on Corporate Knights.

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Ontario and Alberta are building natural gas plants despite lower costs of renewables

Corporate Knights

There is also the risk that fossil fuel infrastructure is retired before the end of its economic lifetime and becomes a stranded asset—a liability taxpayers would likely pay for.” This article is republished from The Energy Mix. Read the original article.

Net Zero 315
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Canadian LNG deal with Germany seems unlikely, as emphasis grows on hydrogen

Corporate Knights

Building a new LNG export facility in Canada sounds like an enormous stranded asset in the making.”. This article is republished from The Energy Mix. Read the original article. The post Canadian LNG deal with Germany seems unlikely, as emphasis grows on hydrogen appeared first on Corporate Knights.