oil derrick

Stranded assets: do they have a future?

Posted on 1 CommentPosted in Chairman’s Blog

For a classic example of stranded assets, look no further than the ‘proved reserves’ i.e. oil in the ground, which feature in the annual reports of major oil companies.  Whilst adding apparent value to the corporate share price, their true worth is at significant risk from carbon liability. Why? Because the days of emitting carbon dioxide […]

Stranded assets: do they have a future? was last modified: August 10th, 2017 by Bruce Menzies
cyclone gafilo

Towards a Trillion Dollars of Carbon-Related Loss & Damage in 2016

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The global loss and damage arising from all weather events that were attributable to man-made climate change in 2016 was   $953,905,000,000   This is based upon estimated carbon emissions for 2016 of 37,705,000,000 tCO2, and PAL’s global one-year Carbon Loss Index (CLIX) of $25.30 per tonne of CO2. The CLIX benchmark measures loss and damage attributable to […]

Towards a Trillion Dollars of Carbon-Related Loss & Damage in 2016 was last modified: July 18th, 2017 by Richard Clarke