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Bloomberg attempts to quantify risk of 'stranded assets'
09 December 2013A tool to help investors and companies quantify the potential risk they face if fossil fuel assets become 'stranded' as a result of government action to combat climate change, has been launched by Bloomberg.
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Carbon Tracker appoints senior lawyer as first CEO
03 December 2013Anthony Hobley, global head of sustainability and climate change at law firm Norton Rose Fulbright, is to become the first CEO of the Carbon Tracker Initiative.
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Analysts warn of Keystone risk to investors
26 November 2013TransCanada's $5.3 billion Keystone XL pipeline, which has been proposed to carry oil from Canada's oil sands to the US Gulf Coast, is a risky proposition for investors, new research suggests.
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Norway's $800bn 'oil fund' faces calls to change structure and divest from coal
12 November 2013Norway's $800 billion 'oil fund' could face a major shake-up of the way it implements its responsible investment strategy after a report recommended that politicians leave decisions on divestments to the country's central bank.
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Pension savers urged to press funds for action on climate change
29 October 2013A campaign was launched today attempting to mobilise UK savers to demand that their pension funds take action on climate change amid warnings of 'stranded assets'.
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$3trn investor coalition heaps 'stranded asset' pressure on fossil fuel firms
24 October 2013A coalition of investors worth $3 trillion has joined forces to write to 45 of the biggest oil and gas companies demanding how they are dealing with the threat of 'stranded assets'.
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Vattenfall joins calls for 'EU carbon central bank'
23 October 2013The head of one of Europe's largest utilities has joined calls to set up a body regulating the supply of allowances in the continent's beleaguered emissions trading system.
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Accountants call for action on 'stranded assets'
14 October 2013Companies should measure the potential greenhouse gas (GHG) emissions stored within their fossil fuel reserves and account for them, according to Warren Allen, president of the International Federation of Accountants.
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OECD chief backs warnings on 'stranded assets'
09 October 2013If governments impose caps on carbon emissions, the risk of "unburnable" fossil fuel assets "could have a significant impact on the valuation of some companies", Angel Gurria, secretary general of the OECD said today.
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Coal assets to suffer most from fossil fuel 'divestment stigma'
08 October 2013Coal stocks are more vulnerable than oil and natural gas to the fossil fuel divestment movement, according to a new study which has called on investors to evaluate the "poorly understood and regularly mispriced" environmental risks in their portfolios.