Fossil Fuel Assets May Turn Toxic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14230%2F18%3A00103460" target="_blank" >RIV/00216224:14230/18:00103460 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S2542435118303258" target="_blank" >https://www.sciencedirect.com/science/article/pii/S2542435118303258</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.joule.2018.07.014" target="_blank" >10.1016/j.joule.2018.07.014</a>
Alternative languages
Result language
angličtina
Original language name
Fossil Fuel Assets May Turn Toxic
Original language description
Stranded assets might lead to an overvaluation of companies and contribute to a carbon bubble with potential negative effects to the economy in the future. Mercure et al. find that even in the absence of stringent climate change policies, current trends in renewable diffusion and increased energy efficiency could lead to stranded assets resulting in substantial global wealth loss and wealth redistribution. Stranded assets might lead to an overvaluation of companies and contribute to a carbon bubble with potential negative effects to the economy in the future. Mercure et al. find that even in the absence of stringent climate change policies, current trends in renewable diffusion and increased energy efficiency could lead to stranded assets resulting in substantial global wealth loss and wealth redistribution.
Czech name
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Czech description
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Classification
Type
O - Miscellaneous
CEP classification
—
OECD FORD branch
50704 - Environmental sciences (social aspects)
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů