14 May '18, 11pm

Study warns a fifth of global power generation assets at risk of stranding

Two new studies have this week highlighted the growing 'carbon bubble' risks faced by many energy firms and investors, warning that investment in new fossil fuel power plants could result in stranded assets if international climate commitments are honoured. The Oxford Martin School at the University of Oxford yesterday announced the results of a new paper , which suggests up to a fifth of global power generation assets could be stranded if the world were to meet its climate goals. Related articles Legislators' 'latte levy': Houses of Parliament launches plastics crack down Goodbye Statoil, welcome Equinor DuraSense: Pulp maker Stora Enso aims to cash in on plastic outcry European trade unions release climate transition guide Study warns a fifth of global power generation assets at risk of stranding Building on previous research into the scale of 'carbon bubble' risk, the a...

Full article: https://www.businessgreen.com/bg/news/3032260/study-warns...

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