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Why needless growth isn’t needed

GreenBiz

Stop investing in companies that explore for needless new drilling sites — they’re wasting their money and ours." If the world heeds that advice, we’ll leave a lot of stranded assets lying around. Why needless growth isn’t needed. Emily Chasan. Thu, 05/20/2021 - 02:00. public pension fund, at a meeting more than two years ago.

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

3BL Media

Case Study: Stranded Assets and the Economics of a Chinese Power Plant. These differences can be more sharply examined by analyzing the economics of a Chinese power plant and stranded-assets risk. Stranded assets are a common theme in investment analysis of the global energy transition.

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Former UK Conservative Energy Minister Resigns over Government Plan for New North Sea Oil & Gas Licenses

ESG Today

Skidmore added that following the initiation of “the global transition away from fossil fuels” set in motion at the COP28 climate conference, the future obsolescence of fossil fuels will cause new oil and gas licenses to create stranded assets, instead of supporting communities “to transition their skills and expertise to renewable and clean energy.”

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The biggest carbon losers

Corporate Knights

While some investments are neutral (deemed neither “clean” nor “dirty”), in many cases these companies are still investing most of their capital into assets that will either lock in further GHG emissions or become stranded assets as the energy transition takes shape. 17 Republic Services Inc Waste 13,862,083 2,200,930 -0.14

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Now is a great time to optimize energy in buildings. You'd think.

GreenBiz

What a waste of time and money. . The result: Commercial office spaces could become stranded assets, subject to write-downs and operating losses. . About half of all buildings were built before 1980 , and many are old, dumb and wasteful. Anecdotal evidence suggests similar numbers in the United States. . You’d think. .

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” The IPCC says reducing food loss and food waste has the least impact among a list of strategies.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Understanding emission sources in your portfolio For some organisations, scope 3 emissions may be easy to calculate, understand and reduce, such as those deriving from business flights and waste. For financial institutions, however, these emissions are often more complex and material, and form a major part of the revenue stream.

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