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Published by Taylor and Francis Ltd, GB, 2020
ISBN 10: 0367458977 ISBN 13: 9780367458973
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Paperback. Condition: New. Drawing on the work of leading researchers and practitioners from a range of disciplines, including economic geography, economics, economic history, finance, law, and public policy, this edited collection provides a comprehensive assessment of stranded assets and the environment, covering the fundamental issues and debates, including climate change and societal responses to environmental change, as well as its origins and theoretical basis. The volume provides much needed clarity as the discourse on stranded assets gathers further momentum. In addition to drawing on scholarly contributions, there are chapters from practitioners and analysts to provide a range of critical perspectives. While chapters have been written as important standalone contributions, the book is intended to systematically take the reader through the key dimensions of stranded assets as a topic of research inquiry and practice. The work adopts a broad based social science perspective for setting out what stranded assets are, why they are relevant, and how they might inform the decision-making of firms, investors, policymakers, and regulators. The topic of stranded assets is inherently multi-disciplinary, cross-sectoral, and multi-jurisdictional and the volume reflects this diversity. This book will be of great relevance to scholars, practitioners and policymakers with an interest in include economics, business and development studies, climate policy and environmental studies in general.
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Published by Taylor & Francis Ltd, 2021
ISBN 10: 0367529998 ISBN 13: 9780367529994
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Published by Taylor & Francis Ltd, 2020
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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - The global financial system operates on a very specific, unquestioned assumption: that the vast reserves of oil, coal, and gas owned by major energy corporations will eventually be extracted, sold, and burned. The multi-trillion-dollar valuations of these companies, and the pension funds invested in them, rely entirely on this future revenue. There is only one problem: to meet basic global climate targets, a majority of these reserves must legally remain in the ground forever.This impending reality creates the terrifying economic concept of 'Stranded Assets.' It is a massive carbon bubble built on unburnable fuel. When government regulations and renewable energy economics finally force the write-down of these fossil fuel reserves, the sudden loss of value will trigger a cascading financial shockwave on par with the 2008 subprime mortgage crisis. Wealth that currently underpins our stock markets will simply vanish.This rigorous macroeconomic analysis exposes the greatest mispricing of risk in modern history. It breaks down the corporate denial, the regulatory shifts, and the immense danger facing institutional investors who refuse to acknowledge the shift.Look past the short-term profits of the fossil fuel industry. Understand the mechanics of the carbon bubble and prepare for the seismic financial crash that will redefine the global energy market.
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Published by Routledge 2021-03-31, 2021
ISBN 10: 0367529998 ISBN 13: 9780367529994
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Published by Taylor & Francis Ltd, 2020
ISBN 10: 0367458977 ISBN 13: 9780367458973
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First Edition
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Taschenbuch. Condition: Neu. Stranded Assets | The Ticking Financial Time Bomb of Unburnable Carbon and the Coming Energy Market [.] | Shawn S. Nabors | Taschenbuch | Englisch | epubli | EAN 9783565321636 | Verantwortliche Person für die EU: Neopubli GmbH (Imprint: epubli), Köpenicker Str. 154a, 10997 Berlin, produktsicherheit[at]epubli[dot]com | Anbieter: preigu.