The New Jersey Economic Development Authority’s board approved guidelines this week establishing a program to help invest in the redevelopment of stranded assets. The $25 million Stranded Assets ...
The likelihood of fossil fuel assets being rendered worthless underscores the need to decarbonize the world's economy as quickly as possible, according to Mark Carney, the U.N.'s special envoy on ...
Businesses are inherently risky. It’s the core nature of market-based systems. It’s how investors make or lose money. Essentially, it's gambling. New businesses come and go every day. Even ...
Stranded assets are assets whose value is reduced before their expected useful lifetime. If fossil fuels and fossil-fuel infrastructure lose their value because they can’t compete with Greentech, the ...
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Continued investment in carbon-intensive industries will drastically increase the amount of “stranded assets” as the world moves to net-zero emissions, researchers warn. The study assesses how much ...
A group of the world's largest banks just walked away from their pledges to stop financing planet-overheating pollution, reported The Conversation. The Net-Zero Banking Alliance, which brought ...
Investors may be underestimating the risk that renewables could become stranded assets, as grid constraints and congestion and supply chain hurdles limit the value that these assets could deliver, ...
The US decision to pause approvals of new licenses to export liquefied natural gas is welcome, and there are “real” risks that some infrastructure will end up stranded, Canada’s energy minister said.
A large slice of holdings in commercial real estate portfolios are now being identified by managers as stranded assets, with properties having lost their value due to poor energy efficiency. And more ...
As if the commercial real estate market weren’t in enough trouble already, there’s a new risk lurking in property portfolios. Real estate companies are facing a major blow to asset valuations, as ...