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This is why investors want financial regulators to tackle climate risk

GreenBiz

Many readers will be familiar with Lewis’s book "The Big Short," which documented how excesses in global credit markets spawned a worldwide financial crisis. Investors are already concerned about stranded asset risk in large swathes of the economy, such as energy, utilities, transportation and infrastructure.

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Canada is sleeping on the energy transition

Corporate Knights

A study published in the journal Nature found that Canada alone will face $100 billion in stranded assets by 2036, representing 35% of the book value of oil and gas properties for all oil and gas issuers listed on the Toronto Stock Exchange.

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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

A close look at BASF’s books suggests that these two objectives may not be so far apart after all. But companies won’t meet the challenge by dodging it, or lobbying themselves into a corner, surrounded by their own stranded assets.

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Water Risks a “Substantive” Threat to Corporate Value

Chris Hall

Financial institutions urged to mitigate risks posed by water-stranding events to portfolios and loan books. Sixty-nine percent of listed equities reporting via CDP’s platform stated they are exposed to water risks that could “generate a substantive change in their business”, said CDP’s report on how water issues are stranding assets.

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Blog by Fred van Beuningen: Climate and the cost of inaction

Clean Tech Delta

In 2008 Mark Lynas , a science writer, published his book Six Degrees: Our Future on a Hotter Planet. In the twelve years since the first book was published, the situation has not improved. His book lays out the scenarios for an increase of 1,2, 3 and more degrees Celsius. A system change compass.

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The COVID-19 Pandemic Throws Oil and Coal Industries in a Tailspin

Edouard Stenger

Additionally, divestment campaigns and the fear of stranded assets have become each new year more pressing. Let us hope similar plans emerge around the world, thus relegating oil and coal to the history books.

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Defining Sustainable Economic Systems – Development vs Growth

Richard Matthews

It can include everyone from street vendors and unregistered factory workers to larger off the books transactions. The white economy has also been used to describe the digital economy, this definition is attributed to Professor Douglas McWilliams, a British economist who wrote a 2015 book by the same name.