Corporate Knights

FEBRUARY 8, 2023

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.” “Building new natural gas-fired power plants means locking in emissions—and costs—for many years to come.

Net Zero 315

Net Zero Stranded Assets 315

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. The federal government purchased the pipeline from Kinder Morgan in 2018 at a cost of $4.4 But carbon capture remains unproven and expensive – a $2.4-billion

Stranded Assets 179

Stranded Assets Net Zero Development Banking 179

Corporate Knights

JULY 25, 2023

The announcement also connects to an international initiative under which Canada and Argentina launched a peer review of each other’s fossil fuel subsidies in 2018. increase in 2021, the Canadian Climate Institute reported in February). That work was meant to conclude by 2020. Carbon Capture Backed by Carbon Offsets?

Paris Agreement 246

Paris Agreement Carbon Offsets Bend the Curve 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 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. Lee suggests not. “In

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

AUGUST 8, 2024

Rio Tinto , meanwhile, sold its last coal mines – both thermal and metallurgical – in 2018, and now produces no fossil fuels. This leaves it heavily exposed to reputational, regulatory and stranded-asset risk, leading many investors to avoid it. BHP sold its oil and gas business to Woodside in 2022 in an all-share deal.

Stranded Assets 52

Stranded Assets Divestment Greenwashing Paris Agreement 52

Chris Hall

MARCH 16, 2022

Launched in 2018, they act as a global guiding framework for banks, insurers and investors. “The sustainable blue economy is a vision for each ocean-linked sector, providing a high-level framework of financial principles accompanied by practical guidance ,” he says.

UNEP 98

UNEP Banking Paris Agreement Climate Change 98