Archive

  • Will there be blood?

    16 July 2014

    The stranded carbon assets debate has gathered steam in the wake of a new report on the oil sector and after fossil fuel giants addressed the issue for the first time. What are the implications for investors, asks Peter Cripps.

  • Increasing evidence that environmental risks are 'material'

    15 July 2014

    Evidence is mounting that environmental risks are becoming material to business and the economy as a whole, a report commissioned by the UN Environment Programme has warned.

  • Shell underestimates 'stranded assets' risk, says Carbon Tracker

    09 July 2014

    Royal Dutch Shell is underestimating the risk that some of its oil and gas reserves could become 'stranded assets' as a result of action to combat climate change, according to the Carbon Tracker Initiative (CTI), a financial sector think tank.

  • BMA agrees to divest from fossil fuels and invest in renewables

    27 June 2014

    The British Medical Association (BMA) will divest from fossil fuels because of health implications and the financial risks of having 'stranded assets' in its portfolio.

  • Investors must address 'stranded asset' risks from Chinese coal, says report

    05 June 2014

    Investors were today warned that up to 40% of China's thermal coal capacity is at risk of being rendered a 'stranded asset' within six years.

  • $300bn of fossil fuel assets risk being stranded by 2035, says IEA

    03 June 2014

    The International Energy Agency (IEA) has warned investors that "around $300 billion in fossil fuel assets [could be] left stranded by stronger climate policies" by 2035.

  • EPA move could put US power plants' ratings at risk, says S&P

    03 June 2014

    Standard & Poor's has warned that proposals to reduce emissions from power plants could threaten the credit ratings of the country's coal burning utilities.

  • Cenovus wades into stranded assets debate

    30 May 2014

    Canadian oil firm Cenovus Energy has become the latest fossil fuel company to engage in the debate on 'stranded carbon assets'.

  • Shell considers 'stranded assets' risk when screening projects

    29 May 2014

    The possibility that certain oil and gas assets may become 'stranded' as a result of government regulations to combat climate change is included in contingency plans when Royal Dutch Shell assesses potential new projects, a company spokesman said.

  • Shell rubbishes 'stranded assets' theory

    19 May 2014

    Oil giant Royal Dutch Shell has dismissed concerns around 'stranded assets', claiming the idea is "alarmist", in a letter to shareholders.