Stranded fossil-fuel assets translate to major losses for investors in advanced economies

HIGHLIGHTS

  • who: Gregor Semieniuk from the Department University of University, Milton Keynes, UK have published the research work: Stranded fossil-fuel assets translate to major losses for investors in advanced economies, in the Journal: (JOURNAL) of 24/08/2021
  • what: Although the authors focus on risks from the equity transmission channel possible further amplification via the debt channel should also be considered. As the authors show in Supplementary Figs 6 and 7 lost revenues that pay workers` wages and suppliers` revenue are four times as large on average as the lost profits the authors calculate. In . . .

     

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