Sentences with phrase «carbon assets»

This initiative highlights the opportunity to redirect this capital, rather than it being wasted on high carbon assets that could become stranded.

A rising awareness of environmental issues such as the use of clean technology, renewable energy, managing carbon assets and keeping greenhouse gas inventories has created work for environmental law attorneys.

It would have to reduce the risks of high - carbon assets while simultaneously scaling up capital for the low - carbon transition.

The new analysis is a clear signal that carbon assets pose a systemic risk to financial stability.

That is exactly what is happening with the subprime carbon asset bubble: It is still growing because most market participants are mistakenly treating carbon risk as an uncertainty, and are thus failing to incorporate it in investment analyses.

Since the publication of the Blueprint several fossil fuel companies have enhanced their discussions of carbon asset risks, stranded assets, and further considered the implications of low - carbon scenarios.

This paper, first presented at the 1st Global Stranded Assets Conference, hosted by the Smith School in Oxford September 2015, looks at developments over the past two years around the concepts of carbon asset risk, stranded assets and wasted capital in relation to the fossil fuel industry.

There is growing alarm about the inevitability of stranded carbon assets and the potential of a carbon bubble.»

This could change amid increasing focus on fossil fuel company scenarios as investors engage more around carbon asset risk and future capital investment plans (See also our partners Ceres, IIGCC, LAPFF, CIG, ShareAction and Client Earth on Carbon Asset Risk and «Aiming for A»).

Major oil and gas companies are seeing resolutions filed at AGMs on carbon asset risk where majority of shareholders are calling for business analysis of a 2 ˚C scenario.

Generous allocations of allowances are probably inevitable as the price paid for industry acceptance, however, suggests Karl Upston - Hooper, legal counsel of GreenStream Network, a Finnish carbon asset manager that is active in China.

Thus, «continued investments in high - carbon assets conflicts with their fiduciary responsibility.»

Lost income from unutilized carbon assets also constitutes a relevant risk.

First, identify carbon asset risks across portfolios.

Stranded carbon assets include fossil fuels, as well as those assets which, given their dependence on fossil fuels, are also CO2 - emissions intensive.

«But I hope this report will mean that regulators also take note, because much of the embedded risk from these potentially toxic carbon assets is not openly recognized through current reporting requirements.»

One of those potential risks with severe financial consequences is the concept of stranded assets, which has become particularly intertwined with yet - unused carbon assets and fossil fuels.

The Alberta government could see to it that the energy producers refined the stuff into synthetic crude oil on site but this is a high - cost, high - carbon asset already at some risk of becoming «stranded.»

Today, especially in light of the urgency to address runaway global warming, the rainforests of the sea have come to seen as vital carbon assets and biodiversity storehouses.

And, no, the former VP is hardly the inspiration for the «unburnable carbon» or «carbon asset bubble» thesis (the folks behind Investor Watch have been leaning into this for a half - dozen years and, more recently, issuing a series of The Carbon Tracker reports).

On Friday November 21st Glass Lewis hosted a Proxy Talk conference call with CERES and Walden Asset Management to discuss the risks from stranded carbon assets, greenhouse gas emissions and hydraulic fracturing as well as trends in -LSB-...]

«Investments with more carbon translate to higher risk, not just from potential carbon fees or pricing, but also from shifts in technology that can leave high carbon assets stranded,» said Erik Solheim, Head of UN Environment.

GreenStream Network PLC, a Finnish firm that develops and manages carbon assets, recently signed contracts to buy 1.2 million tons of annual offset credits generated by eight renewable energy projects in China.

Moreover, while a focus on reporting of companies» carbon emissions is important, we suggest that improving reporting of and transparency around carbon asset risk — an on - going focus of the Bank of England — should be a priority for the Government.

At a recent investment conference sponsored by Royal Bank and Suncor I spoke about the likelihood that billions of dollars of carbon assets will never see the light of day.

New carbon asset risk resolutions are asking companies if they are prepared to succeed in an increasingly carbon - constrained world, amid fears of stranded carbon assets and the potential of a carbon bubble.

excerpt: «After being pestered for years by shareholder activists, Exxon has agreed to produce a public document on its «carbon asset risk.»

Next, divest where appropriate from high - cost, high - carbon assets and reinvest in new instruments like «green bonds» or equity indexes that exclude companies with carbon exposure.

She said the next working focus of her institute is to help regulated emitters recognize the economic value of carbon trading and figure out how to cash in on their carbon assets.

It says investors that currently have high exposure to high - carbon assets are at risk of possessing «stranded assets» — a term used to describe financially worthless investment stocks.

We're going to extract every last drop and burn every last drop,»» said Andy Behar, president of California - based As You Sow, an advocacy group and co-sponsor of the carbon asset risk resolution.

Developing and implementing these strategies ensures alignment with the long - term goals of the Paris Agreement, in a way that fosters increased prosperity for citizens, reduces the risk of locking - in unsustainable and high - emission infrastructure, and will help to avoid stranded high - carbon assets.

Put differently, at least two - thirds of fossil fuel reserves will not be monetized if we are to stay below 2 °C of warming — creating «stranded carbon assets.»

While a global price on carbon certainly would be important, we believe that investors are mistaken to assume that is the only path to stranding carbon assets.

Many investors cite what we believe is a misinformed view that carbon assets will not be vulnerable to stranding until a meaningful carbon price is enforced by a global accord.

Unfortunately, that's a distinction that some other supporters of the carbon asset bubble meme don't seem to make, particularly with regard to oil and natural gas.

In this case, however, I see good reasons to believe that the case for a «carbon asset bubble» has been overstated and applied too broadly.

If the international community is serious about limiting warming to 2 degrees Celsius, carbon assets may face a $ 20 trillion write - down (the U.S. GDP was $ 15.7 trillion in 2012).

Fossil fuel companies facing a future with stranded carbon assets, powerful contrarian ideologues, and right - wing media spreading climate disinformation remain major obstacles to progress.

This conclusion shapes the risk analysis of these carbon assets, which are a major contributor to their owners» market capitalization.

Although the term «carbon asset bubble» did not appear in XOM's report, the latter's references to carbon budgets and the risk of stranded assets in a low - carbon scenario were aimed directly at this emerging meme.

By avoiding investment in high - carbon assets that become obsolete, and by prioritising sustainable alternatives, we build capacity and resilience, particularly for more vulnerable people — while lowering carbon emissions.

Companies and organizations are setting science - based targets, committing to purchasing and generating 100 % renewable energy, steering their investment portfolios towards low - carbon assets and enhancing the efficiency of their processes.

Beyond the threat of a carbon asset bubble, fossil fuel companies may be looking more intently to engage with shareholders on sustainability issues because of the increasing market value and demand for renewable energy.

According to report by the non-profit Carbon Tracker Initiative, up to 80 percent of carbon assets could become unburnable.