stranded assets

Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected

Carbon Tracker analysis details how four European oil majors have now taken hits to their asset valuation as net zero transition gathers pace

New analysis from Carbon Tracker warns UK government financing for upstream oil and gas projects in Brazil and Ghana is 'failing the Paris test'

With airlines looking at an annus horribilis in 2020, planes could follow coal plants as Europe's next stranded asset, writes Vlerick Business School's Professor David Veredas

Banking giant pulls forward target to end the use of coal by its electricity-producing customers to the end of 2030

British bank promises to align all financing activities with Paris Agreement and target at least £100bn green financing by 2030

High street banks such as Barclays, HSBC and Standard Chartered are facing growing pressure from activists, shareholders and potentially regulators over their links to to coal and potential stranded asset risk

Influential think tank argues governments could soon be forced into an abrupt net zero policy shift that would threaten value of oil assets

Fossil fuel firms must develop a clear strategy for managing the low carbon transition, experts are set to warn attendees at the World Economic Forum in Davos

The sector is facing strong headwinds from activists, investors and governments, pitting the companies' relentless growth ambitions against the worsening signs of climate change