{"id":761,"date":"2020-02-04T05:29:06","date_gmt":"2020-02-04T10:29:06","guid":{"rendered":"https:\/\/sites.owu.edu\/envs110-198-498\/?p=761"},"modified":"2020-08-07T07:27:40","modified_gmt":"2020-08-07T12:27:40","slug":"risk-of-stranded-assets-from-2025-new-oil-report-warns","status":"publish","type":"post","link":"https:\/\/sites.owu.edu\/envs110-198-498\/2020\/02\/04\/risk-of-stranded-assets-from-2025-new-oil-report-warns\/","title":{"rendered":"Risk of &#8216;stranded assets&#8217; from 2025, new oil report warns"},"content":{"rendered":"<p><a href=\"https:\/\/sites.owu.edu\/envs110-198-498\/wp-content\/uploads\/sites\/153\/2020\/02\/Screen-Shot-2020-02-04-at-5.23.28-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-762\" src=\"https:\/\/sites.owu.edu\/envs110-198-498\/wp-content\/uploads\/sites\/153\/2020\/02\/Screen-Shot-2020-02-04-at-5.23.28-AM-1024x1003.png\" alt=\"\" width=\"829\" height=\"812\" srcset=\"https:\/\/sites.owu.edu\/envs110-198-498\/wp-content\/uploads\/sites\/153\/2020\/02\/Screen-Shot-2020-02-04-at-5.23.28-AM-1024x1003.png 1024w, https:\/\/sites.owu.edu\/envs110-198-498\/wp-content\/uploads\/sites\/153\/2020\/02\/Screen-Shot-2020-02-04-at-5.23.28-AM-300x294.png 300w, https:\/\/sites.owu.edu\/envs110-198-498\/wp-content\/uploads\/sites\/153\/2020\/02\/Screen-Shot-2020-02-04-at-5.23.28-AM-768x752.png 768w, https:\/\/sites.owu.edu\/envs110-198-498\/wp-content\/uploads\/sites\/153\/2020\/02\/Screen-Shot-2020-02-04-at-5.23.28-AM.png 1438w\" sizes=\"auto, (max-width: 829px) 100vw, 829px\" \/><\/a><\/p>\n<p>Stranded assets are &#8220;assets that have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities&#8221;. &#8230; In this context, stranded assets are also defined as an asset that has become obsolete or non-performing, but must be recorded on the balance sheet as a loss of profit.&#8221; (Wikipedia)<\/p>\n<blockquote><p>The lack of urgency in setting new regulations to drive climate action is likely to result in a &#8220;forceful, abrupt, and disorderly&#8221; policy response from 2025 that will seriously hit the fossil-fuel industry, a new report has warned.<\/p>\n<p>The report urges governments to implement policies that limit new investment in fossil fuel projects to ensure a smooth transition towards sustainability, stable prices and predictable valuations.<\/p>\n<p>However, Carbon Tracker&#8217;s latest analysis warns companies that their future investments on oil and gas projects based on &#8216;business as usual&#8217; government policies are likely to be in danger as tougher policies enter into force.<\/p>\n<p>The study indicates that a swift in climate change policies from 2025 onwards could cause sharp changes in oil pricing, wiping out the value that was assumed beforehand.<\/p><\/blockquote>\n<p><strong>Source:\u00a0<a href=\"https:\/\/euobserver.com\/energy\/147333\" target=\"_blank\" rel=\"noopener\">Risk of &#8216;stranded assets&#8217; from 2025, new oil report warns<\/a> (EU Report)<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stranded assets are &#8220;assets that have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities&#8221;. &#8230; In this context, stranded assets are also defined as an asset that has become obsolete or non-performing, but must be recorded on <span class=\"readmore\"><a href=\"https:\/\/sites.owu.edu\/envs110-198-498\/2020\/02\/04\/risk-of-stranded-assets-from-2025-new-oil-report-warns\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":138,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-761","post","type-post","status-publish","format-standard","hentry","category-environmental-news"],"_links":{"self":[{"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/posts\/761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/users\/138"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/comments?post=761"}],"version-history":[{"count":2,"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/posts\/761\/revisions"}],"predecessor-version":[{"id":764,"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/posts\/761\/revisions\/764"}],"wp:attachment":[{"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/media?parent=761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/categories?post=761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.owu.edu\/envs110-198-498\/wp-json\/wp\/v2\/tags?post=761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}