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Governments should compensate investors for stranded assets, says IISD

Environmental Finance

Governments should compensate oil and gas investors for stranded assets to avoid costly tribunals, the International Institute for Sustainable Development (IISD) has said.

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A trillion reasons to transition off fossil fuels

Corporate Knights

“Most of the market risk falls on private investors,” they add, overwhelmingly in Organisation for Economic Cooperation and Development (OECD) countries like Canada, with substantial exposure through investment funds, shareholdings, and pensions. Of the US$1.4

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AB: China's State-Owned Enterprises Hold Keys to Carbon Neutral

3BL Media

Throughout the 21st century, China’s rapid economic development has fueled a steady rise in energy consumption, in contrast to the US and European Union, where it has plateaued and even started to fall ( Display ). For China, decarbonization considerations are tightly tethered to economic development and continued growth.

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Priorities for Financing Early Coal Retirement in Developing Countries

Chris Hall

These countries need more financing and alternative energy solutions, while at the same time, many have young coal fleets and new plants still under development. These plants are expected to operate for decades and risk becoming “stranded assets” if they retire early.

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Current State of Water Stewardship Practices: Top 5 Questions Answered

3BL Media

CDP and Planet Tracker’s High and Dry: How Water Issues Are Stranding Assets , May 2022 report recognizes that “Water risk is already stranding assets across major sectors of the global economy.”. Ecolab has developed publicly available tools such as Smart Water Navigator and Water Risk Monetizer.

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BHP’s Carbon-heavy Bid for Anglo-American

Chris Hall

Mining giant BHP’s bid to acquire Anglo-American would create the world’s biggest shipper of metallurgical coal and a global mega-polluter, exposing shareholders to stranded asset risk as the world moves away from fossil fuels, a think tank has warned. German think tank Agora also predicts that DRI will outcompete CCUS.

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Is someone you know changing the world? Nominate them for the constellation prize

Renewable Energy World

As I looked into the Constellation Prize, I saw that the prize sheds light on how engineering can be done to promote new modes of engagement, research, development, and design that elevate the values of environmental protection, social justice, human rights, and peace. Jay & Kristy Egg and Keith Schue.