Fossil Fuel Assets May Turn Toxic

Klaus Hubacek*, Giovanni Baiocchi

*Corresponding author for this work

Research output: Contribution to journalEditorialAcademicpeer-review

4 Citations (Scopus)

Abstract

Stranded assets might lead to an overvaluation of companies and contribute to a carbon bubble with potential negative effects to the economy in the future. Mercure et al. find that even in the absence of stringent climate change policies, current trends in renewable diffusion and increased energy efficiency could lead to stranded assets resulting in substantial global wealth loss and wealth redistribution.

Original languageEnglish
Pages (from-to)1407-1409
Number of pages4
JournalJoule
Volume2
Issue number8
DOIs
Publication statusPublished - 15-Aug-2018
Externally publishedYes

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