Formerly owned by E.ON, one of the largest investor - owned utilities in the world, the parent company had bundled most of its older fossil -
fueled assets into Uniper to concentrate on renewables.
Not exact matches
Shiller goes
into even more detail, arguing these rising
assets are
fueled by a frenzied media.
When a uranium price recovery happens, Energy
Fuels has a significant number of
assets that could be brought
into production, some former producers, some larger
assets with large capital budgets.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of
fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion
into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in
fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our
assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
A small but growing number of countries now have legal requirements for institutional investors to report on how their investment policies and performance are affected by environmental factors, including South Africa and, prospectively, the EU.36 Concern about the risks of a «carbon bubble» — that highly valued fossil
fuel assets and investments could be devalued or «stranded» under future, more stringent climate policies — prompted G20 Finance Ministers and Central Bank Governors in April 2015 to ask the Financial Stability Board in Basel to convene an inquiry
into how the financial sector can take account of climate - related issues.37
New York State Attorney General Eric Schneiderman said his investigation is an inquiry
into whether Exxon is overstating the value of its
assets and oil reserves and understating the risks of using fossil
fuels.
By doing so, the warfighter will greatly benefit because it will reduce the amount of batteries or
fuel they must carry
into battle, and improve the availability of continuous coverage of ISR
assets.
Furthermore, there is a guaranteed market for PRISM's low - carbon by - product — electricity — which eliminates the need to sell a
fuel product and turns the UK's stores of plutonium
into an economic
asset.
«Carbon Tracker has done so much to bring climate change
into mainstream investor thinking and make financial markets aware of stranded
asset risk in the fossil
fuel industry.
«Efforts to stay within a carbon budget, increase
fuel efficiency, reduce costs and improve air quality mean that if capital continues to flow
into oil sands, the projects risk becoming stranded
assets», says Carbon Tracker's research director, James Leaton.
This has fed
into their thinking on assessing the «carbon bubble» and «stranded
asset» risks of fossil
fuel companies.
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.
In a notable development, the G20 powers recently launched a joint probe
into the global financial risks posed by the potential for fossil
fuel companies» so - called «stranded
assets» — investments in costly ventures that may never be viable in light of emerging international climate agreements.
The United Church of Canada voted to sell off fossil
fuel assets worth $ 5.9 million and instead pump funds
into renewable energy co-operatives in a landmark decision on Aug. 11.
Among them, about $ 3 trillion in global investments — including enormous funds like the California state pension fund — could find themselves busted by «stranded
assets,» as the
fuel reserves that energy companies calculate
into their net worth would need to stay unused to avert the worst of climate change.
«Efforts to stay within a carbon budget, increase
fuel efficiency, reduce costs and improve air quality mean that if capital continues to flow
into oil sands, the projects risk becoming stranded
assets.»