Stranded assets: Report warns US oil majors are lagging European rivals in clean energy transition

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Demand for fossil fuels will plummet if the world makes progress towards its net-zero goals
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Demand for fossil fuels will plummet if the world makes progress towards its net-zero goals

Latest study from Carbon Tracker shows that while US firms are particularly exposed, all oil and gas firms would face massive stranded asset risk in the event of a successful energy transition

US companies are lagging way behind their European rivals in adapting their business models to a low-carbon future which would see demand for fossil fuels drastically reduced, a new study released today...

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