Fossil fuel assets were set to become obsolete in the transition to net zero. But the war in Ukraine is forcing European governments to secure alternative energy sources and driving demand for coal, ...
As we transition to a clean energy economy many of the existing fossil-based industries have assets, such as oil and gas that is still in the ground and the associated infrastructure, that are going ...
Increased scrutiny and pressure on companies from investors and society could lead to trillions in stranded assets Businesses are waiting for details on carbon markets and carbon emission rules and, ...
When an oil company invests in an expensive new drilling project today, it’s taking a gamble. Even if the new well is a success, future government policies designed to slow climate change could make ...
Treasury Secretary Janet Yellen said in a speech Tuesday that "financial institutions risk being left behind with stranded assets, outdated business models, and missed opportunities to invest in the ...