Risky business: Low-carbon transition threatens $1.6tr in fossil fuel investment

Madeleine Cuff
clock • 6 min read

If climate policies follow strategy set out in Paris and ratchet up over time fossil fuel companies could be putting trillions of dollars at risk

Most observers of the energy and climate sector are well-versed in the stranded asset theory by now. First promoted by analyst non-profit Carbon Tracker in 2011, it posits that oil, gas and coal projects...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Investment

'Alarming failures': Are asset managers stalling on their responsible investment promises?
Investment

'Alarming failures': Are asset managers stalling on their responsible investment promises?

Latest benchmark ranking of asset managers by ShareAction warns progress on sustainable investment is stagnating, even as climate risks intensify

Amber Rolt
clock 21 May 2025 • 8 min read
Financial firms join UK taskforce to help unlock climate investment in developing economies
Investment

Financial firms join UK taskforce to help unlock climate investment in developing economies

UK government's Emerging Markets and Developing Economies (EMDE) Investor Taskforce highlights potential for tenfold returns from backing climate adaptation and mitigation projects

Michael Holder and Patrick Brusnahan
clock 20 May 2025 • 2 min read
Marisa Drew: 'A great deal of power lies in the consumer wallet'
Investment

Marisa Drew: 'A great deal of power lies in the consumer wallet'

Standard Chartered's chief sustainability officer reflects on her move into sustainability from investment banking, how 'big ideas' are coming from unexpected places, and the co-benefits of electric driving

Stuart Stone
Stuart Stone
clock 20 May 2025 • 9 min read