JKLuQKAAAA7xKIJg==&bcsi_scan_filename=BNEF_WP_2013-11-25_Carbon-Risk-Valuation-Tool. Ben Caldecott. Stranded Assets Programme | Research | Smith School of Enterprise and the Environment | University of Oxford. Upcoming Events More information coming soon. Recent Events 23 April 2014 | ABC Radio National's Big Ideas programme Stranded Assets Measures to offset the impact of climate change are likely to reduce demand for fossil fuels. So is it wise to continue to invest in fossil fuels or will they end up as stranded assets with a huge loss in value. Investment analysts discuss the need for governments and private companies to manage climate risk. 3 April 2014 | University of Queensland | Brisbane, Australia.
Future challenges for energy assets Global Change Institute and International Energy Centre Public Lecture. 1 April 2014 | University of Melbourne | Melbourne, Australia. Stranded assets, environment-related risks and the challenges facing Australia Melbourne Sustainable Society Institute Public Lecture. 1 April 2014 | Responsible Investment Association Australasia and AustralianSuper | Melbourne, Australia. Stranded assets, environment-related risks and the challenges facing Australia Speaker: Are the economics and ethics of fossil fuel divestment aligning? Divestment movement needs to explain why fossil fuel investments will end in financial disaster Students protest the links between the University of Southern California and the fossil fuel industry (Source: 350.org) By Alex Lenferna For many climate activists 2013 will be remembered as the year that the intertwined carbon bubble and carbon budget concepts hit the mainstream.
And it is about time, given that we are set to push past our carbon budget by 2034 if not earlier if we do not radically alter the path we’re on. Spurring on the mainstreaming of these two important concepts was the predominantly student-driven fossil fuel divestment movement, the fastest growing divestment movement of all time. The divestment movement was not alone, of course, as there has been a flurry of reports and actions on the carbon bubble from the likes of Ceres, the Carbon Tracker Initiative, UNEP, Standard and Poors, HSBC, Citi, Goldman and Sachs… The list goes on. So what does the second wave entail?
Report warns of 'unburnable carbon scenario' Updated Sat Apr 20, 2013 11:55pm AEST British researchers are warning that effective action on climate change could trigger a new global economic crisis by devaluing the price of fossil fuels. The report, by the London School of Economics and the non-government organisation Carbon Tracker , found 60 to 80 per cent of oil, gas and coal reserves owned by listed companies would become useless if global emission targets are kept. It is dubbed the "unburnable carbon scenario". Under the 2010 Cancun agreement, governments made it a target to stop the global temperature increasing by more than two degrees. But one report author, James Leaton, says it could be the making of a new financial crisis. "If we carry on in that direction, then it could create a bubble around these reserves that then don't have a market," he said.
"There's been similar findings from the International Energy Agency. " "We think there's a sizeable chunk of that value at risk that the market's not currently pricing in," he said. Stranded assets - Big Ideas. Green Alliance UK - an environmental think tank. Stranded%20Assets%20-%20Slide%20presentation.