Sentences with phrase «fossil fuel assets become»

With the energy sector showing signs of profound, disruptive change, and with the former chairman of Duke Energy arguing that a price on carbon is inevitable, investors are rightly spooked by the prospect of a carbon bubble — whereby fossil fuel assets become stranded because they either can't be exploited due to climate concerns, or clean energy alternatives simply squeeze them out of the marketplace.

Not exact matches

The results add weight to warnings from analysts that fossil fuel assets are at risk of losing their value and becoming «stranded» as the world transitions to cleaner energy sources.

Moreover, Exxon Mobil expressed confidence that its oil and gas assets were unlikely to become stranded even under much tighter regulation of carbon emissions because the fossil fuels would be needed to grow the world's economies.

Others have been scattered: The fossil - fuel divestment campaign we launched in 2012 has been active on every continent, incorporated a wide variety of tactics, and has become the largest anticorporate campaign of its kind in history, triggering the full or partial divestment of endowments and portfolios with nearly $ 5 trillion in assets.

When it does, more than $ 20 trillion worth of fossil fuel reserves will become stranded assets and the companies» value will plummet.

So the darker hopes arise — maybe a particularly furious El Niño or a «carbon bubble» where the financial markets realize that renewables have become more scalable and economical, leading to a run on fossil - fuel assets and a «generational crash» of the global economy that, through great suffering, buys us more time and forces change.

Fossil fuel investments could become the «sub-prime assets of the future,» warned British energy secretary Ed Davey.

In a world where carbon emissions will increasingly have to be constrained, coal, as the dirtiest of the fossil fuels, is the energy asset most vulnerable to becoming «stranded» — the most vulnerable, in other words, to seeing its market value collapse well ahead of its previously anticipated useful life.

If we truly begin taking action on climate change when it's needed (or rather ten years ago when it was needed) then all fossil fuels and much industrial plant become stranded assets.

The financial think - tank says the fate of US coal should serve as a warning to investors in other fossil fuel markets worldwide who fail to prudently read a structural shift away from hydrocarbons and blindly continue to invest in assets that are in increasingly in danger of becoming stranded.

The US has the greatest financial exposure, with $ 412 billion of unneeded fossil fuel projects to 2025 at risk of becoming stranded assets.

Shell has previously dismissed those, such as Bank of England governor Mark Carney, who have warned that fossil fuel assets could become stranded and worthless in the face of climate action.

Further analysis has identified the fossil fuel reserves and resources at risk of becoming economically «stranded assets» due to a low - carbon energy transition.

In light of Carbon Tracker's «Wasted capital and stranded assets» analysis and the scale of unburnable fossil fuel assets it revealed, there is a clear need for markets to become more «climate literate».

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 analysis finds that expanding fossil fuel reserves does even more damage than putting the global climate in danger; exploration financing by the World Bank risks locking developing countries into loan commitments for resources that will likely become stranded assets if policies are implemented to meet agreed climate goals.

«Some of our stakeholders are concerned about the future of our fossil fuel reserves; in particular that they may become stranded assets,» Glasenberg wrote.

While stranded assets can apply to anything at risk for premature write - downs, this concept has become particularly intertwined with the «stranding» of fossil fuels reserves.

More broadly, companies across the energy industry that are heavily invested in fossil fuels increasingly have become a target for shareholder proposals, largely due to the potential emerging risk of fossil fuel's stranded assets.

The US has the greatest financial exposure with $ 412 billion of unneeded fossil fuel projects to 2025 at risk of becoming stranded assets, followed by Canada ($ 220bln), China ($ 179bln), Russia ($ 147bln) and Australia ($ 103bln).

But as leaders are becoming increasingly wary of their carbon output, how much attention will be paid to the emerging risk of fossil fuel's stranded assets?

In the fossil fuel industry, for example, the term increasingly used to signify the long - term risk associated with oil and gas that may become much more expensive to exploit is «stranded assets.»

Still, with an increasing number of economists warning of fossil fuel investments becoming «stranded assets», there's a sound economic case to be made for divestment.