Sentences with phrase «stranded asset risks»

New investment decisions favor renewables because of their commercial merit, their lower externalities, the diversity of supply they bring to the grid, and as a way to avoid stranded asset risks of the sort that plagues thermal power plants which, once built, generally have a 40 -50-year lifespan.

Stranded asset risk around the world will double from US$ 10 to $ 20 trillion by mid-century if governments delay implementation of the Paris agreement, the...

The study updates analysis in Carbon Tracker's reports 2 Degrees of Separation (June, 2017) and The $ 2 Trillion Stranded Assets Danger Zone (2015), which used a 2C scenario to analyse stranded asset risk.

«Stranded asset risk around the world will double from US$ 10 to $ 20 trillion by mid-century if governments delay implementation of the Paris agreement, the International Renewable Energy Agency (IRENA) warns in a working paper produced for the German government and released ahead of last week's G20 leaders» summit in Hamburg.»

CalPERS holds about $ 400 million worth of shares in palm oil plantation companies — investments which bring serious material risks including climate risk, land - rights risk, reputational risk, and stranded assets risks.

«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.

Meanwhile, IRENA estimates that the overall stranded asset risk doubles to more than $ 20tn if rapid decarbonisation of the energy sector is delayed to 2030 and fossil fuel investments continue to rise.

His mandate is to develop the organization's capabilities in North America, building awareness and understanding of carbon and stranded asset risk amongst institutional investors and broadening the distribution and usage of Carbon Tracker's proprietary research.

«These will not reopen whatever anything President Trump does,» explains BNEF, «nor do we see much appetite among investors for ploughing money into U.S. coal extraction — stranded asset risk will trump rhetoric.»

Not exact matches

The risks mainly have to do with so - called «stranded assets.»

Stranded assets are a risk that has come to the attention of many a financial analyst.

From our perspective, the financial sector side, in what sense does climate change pose new or different risks to the financial system, all the way from the obvious, such as the concept of stranded assets, which you've got lending all against those things?

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.

Doing so means we can avoid the risk of stranded assets and minimize the number of Canadian workers who will need to transition jobs in the future.

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-...]

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

Risk of having stranded assets?

«I think that failure of vision puts them at a real risk of having stranded assets, of losing market share [to alternative energy sources] and even of becoming irrelevant.»

It also allows for a smoother reallocation of investment away from high - carbon towards low - carbon technologies and infrastructure, avoiding the risk of stranded assets and economic disruption.

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.

The key point that Davis and Socolow make is that when we talk about stranded assets their measure puts this huge looming threat into a form that can easily become something the business community can assess in terms of risks.

Additionally, 35.7 percent of respondents said that in the last 12 months they have reduced holdings in a company's shares because of the risk of stranded assets.

«The responses about stranded assets reveal that investors» concern over this risk might be more widespread than many expect,» the Ernst & Young report noted.

This paper is designed to assist the TCFD members in assessing the «carbon bubble» concept and «stranded asset» risks inherent in the business - as - usual strategies of many fossil fuel companies.

- The Energy Mix: Slower Paris implementation would risk $ 20 trillion in stranded assets: IRENA.

Potentially stranded fossil fuel assets are largely why responsible climate risk management is being opposed today by fossil fuel companies and libertarian right - wing forces.

Investors in oil and gas companies have been in the dark about their exposure to climate risk, but they will now be able to confront companies with precise information and ask hard questions about how they intend to deal with potentially stranded assets.»

Fear of stranded assets motivates fossil fuel companies to oppose responsible climate risk management and prop up climate science deniers

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.

«Investors are through an unprecedented commitment taking steps to reduce the risk of stranded assets within the oil and gas industry.

The governor of the Bank of England, Canadian banker Mark Carney, warned repeatedly during 2014 that what he termed «stranded assets» are a growing risk for fossil - fuel companies.

Fossil fuel subsidies also increase the risk of investing in stranded assets, which need to be replaced before the end of their lifetime.

For the IEA, the extent to which risk exists from stranded assets depends on whether the low - carbon transition is orderly or disorderly — something Carbon Tracker frequently highlights as well.

The IEA do assert however, that in a 450 scenario, the risk of stranded assets is higher because of a combination of falling demand and lower prices, something that will mean oil «companies are valued less».

Given the strictures on shareholder proposals, it's common for investor advocates to push not for specific changes, but for analyses of risk: asking companies to publicly measure their greenhouse gas emissions, to analyze the environmental impact of their global supply chains, or, in a strategy pioneered last year, to quantify their exposure to «stranded assets,» such as fossil fuel reserves that would exceed the world carbon budget.

IRENA puts these risks at a far higher level, with an estimated $ 10tn in assets at risk of being stranded under its energy transition scenario.

According to IRENA's analysis, the risk of stranded assets is highest for the building sector: in its assessment of stranded assets, IRENA includes the construction value that would be lost due to the needed future renovation of building stock to avoid it relying on fossil fuels.

As the comparison to global coal budgets illustrate above, Australia will have a vast oversupply of coal assets in a carbon - constrained world, therefore running the risk of being left with significant stranded assets.

For existing assets, our research can highlight which ones are more at risk of becoming stranded under a lower demand scenario — for example one that restricts anthropogenic warming to 2 °C.

Climate action so far in 2018: individual countries step forward, others backward, risking stranded coal assets

A new study from researchers at the Oxford Martin School at the University of Oxford has warned that a fifth of current global power plant capacity is at risk of becoming stranded assets under a scenario in which the planet reaches its climate goals of halting warming at 1.5 to 2 °C above pre-industrial levels.

«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.

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

These upstream investments raise concerns about lock - in risk and stranded assets (Carbon Tracker Initiative and Grantham Research Institute 2013).

Through pioneering analysis into the «carbon bubble» and «stranded assets», Carbon Tracker investigates the financial risks faced by high - carbon investments in the face of a rapid energy transition.

If up to two thirds of fossil fuels can not be burned, investors in these projects risk being left with up to $ 2 trillion in «stranded assets», investments rendered valueless by a combination of rapid technological progress from renewables, more stringent climate policies and shifts in market sentiment.

Stranded assets are a legitimate risk of business in a changing world and there should be no compensation for them.

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

While NTPC is among the top 10 coal utilities globally with 44 GW coal - fired capacity, it is perhaps one of the Indian utilities most at risk from stranded assets.

Adding to the risk of these assets becoming «stranded» is the possibility that greenhouse gas emissions will become taxed, either through a direct policy tax or new cap - and - trade taxes.