The short answer is: Zero. If anything, the company has the opposite problem of not having enough oil assets. This is the result of a misguided move into renewable energy where the company misjudged ...

Fossil fuel assets could be losing trillions of dollars in value thanks to increased use of alternative energy sources, climate-friendly policies, and sustainable tech advancements. The rising ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. The decarbonization push could result in $2.3 trillion worth of stranded oil and gas assets by ...

Continued investment in carbon-intensive industries will drastically increase the amount of 'stranded assets' as the world moves to net-zero emissions, researchers warn. Continued investment in carbon ...

Stranded assets are assets whose value is reduced before their expected useful lifetime. If fossil fuels and fossil fuel infrastructure lose their value because they can’t compete with Greentech, the ...

As we transition to a clean energy economy many of the existing fossil-based industries have assets, such as oil and gas that is still in the ground and the associated infrastructure, that are going ...

The likelihood of fossil fuel assets being rendered worthless underscores the need to decarbonize the world's economy as quickly as possible, according to Mark Carney, the U.N.'s special envoy on ...

Fossil fuel assets were set to become obsolete in the transition to net zero. But the war in Ukraine is forcing European governments to secure alternative energy sources and driving demand for coal, ...

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Continued investment in carbon-intensive industries will drastically increase the amount of “stranded assets” as the world moves to net-zero emissions, researchers warn. The study assesses how much ...