Remove what-is-a-stranded-asset
article thumbnail

What is a stranded asset?

Terra Infirma

In last week’s episode of The Net Zero Business Podcast, Dr Olli Jones talked about ‘stranded assets’ and ‘stranding assessments’, so I thought I should dive a little deeper into the concept. Put simply, a stranded asset is an asset whose value has collapsed due to its carbon footprint.

Carbon 98
article thumbnail

Why needless growth isn’t needed

GreenBiz

That’s what Deborah Silvey, president of Fossil Free California, told the board of CalPERS, the largest U.S. If the world heeds that advice, we’ll leave a lot of stranded assets lying around. We have millions of vehicles, machines and systems that could be just as stranded if we change things on a dime. The X-factor.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

‘Litigation terrorism’: the obscure tool that corporations are using against green laws | Arthur Neslen

The Guardian: Energy

ISDS is a corporate tribunal system, where a panel of unelected lawyers decides whether a company is owed compensation if the actions of national governments leave its assetsstranded ”.

Law 104
article thumbnail

In the next round of stimulus aid, corporate America needs to stand up for climate science

GreenBiz

So what does science-based climate advocacy mean? . With Congress gearing up for another trillion-dollar round of economic relief that will set the strategic direction of the U.S. economy for years to come, it’s time for corporate America to stand up and be clear about the economy it wants and needs to prosper. . We can build back better.

article thumbnail

Larry Fink says accelerate. He needs to say it much louder

GreenBiz

BlackRock’s sustainability activity leads its investment megafirm cohort of Vanguard, Fidelity and State Street Global Advisors, which together manage 20 percent of global publicly listed securities , an aggregate $20 trillion assets under management at the end of last year. Thu, 02/04/2021 - 02:11. Subscribe here. Larry Fink seems impatient.

Pollution 453
article thumbnail

Are you greenwashing, wishing or walking?

GreenBiz

Some are given information about what goals the competitors are setting, and what the talent, customers and investors are expecting and demanding from the board. We are in the middle of the biggest commitment to a green future. Fewer have set science-based targets, as those targets come with a bit more scrutiny. Sunset, not sell.

article thumbnail

How the climate crisis will crash the economy

GreenBiz

Just imagine what 2° or 3° or 4° will look like, and how much it will cost. And what we’re seeing now are merely the opening acts of what could be a long-running global financial drama. The chickens are coming home to roost. Even before the western United States became a regional inferno, even before the Midwest U.S.