#strandedasset — Public Fediverse posts

Ich meine, man muss ja auch mal das Positive sehen: #StrandedAsset #Gaskraftwerke haben immerhin einen klaren Nutzen, die Aktionär:innen der Lieferanten bekommen ihre Dividende.

Wir haben das Spiel vor ein paar Jahren schon mit #Kohlekraftwerken gesehen, jetzt eben nochmal mit #Gas.

Am Ende bleibt das Muster gleich: Die Allgemeinheit zahlt, während wenige daran verdienen.

@therightarticle I was astonished. We think of Singapore as being modern and advanced but if they don’t get themselves organised they’re going to find they are being sanctioned by other countries for not pulling their weight in the climate crisis.

A national #strandedasset

Singapore is an advanced nation with one of the highest GDP per capita in the world. So their manual workers have air conditioned vehicles to transport them.

All fossil fuels too and pedestrians are seriously marginalised. If they don’t change course soon #singapore will be a National #strandedasset

@Cassman @janrosenow don’t think so. Singapore has no manufacturing of any sort and their penetration of electric vehicles is almost nil. Their electricity generation is 99% fossil fuels and the economy is based on oil refineries but they don’t have any oil of their own. They are one of the wealthiest countries in the world and could easily finance a transition, but there does not seem to be any political will.
I think they’re about to become a national #strandedasset

@kim_harding @clarkiestar somebody ought to tell the highheidyins in Singapore. They seem to be all dinosaurs.

I think Singapore is heading to be a national #strandedasset

https://www.renewableinstitute.org/the-green-potential-of-singapores-energy-industry/ quite remarkable how one of the wealthiest countries in the world seems set on a course to become a national #strandedasset .
Negligible renewable energy and negligible conversion to electric vehicles.
And negligible ambition to change that any time soon.

How long before we start sanctioning countries for not making reasonable efforts to arrest the climate crisis?

FT: Who killed the #ESG 'Party' - with comment from Mark Campanale on #StrandedAsset investment risks for those taking long-term bets on the future of #FossilFuels https://buff.ly/3WTbsBl

Coal in China 🇨🇳 is seeing a multi-year resurgence after years in which the government seemed ready to dial back & ultimately halt coal power construction. Carbon Tracker analyst Sam Clissold discusses #StrandedAsset risk & China's #coal pipeline 🏭 https://open.spotify.com/episode/6LM1xXuB6KXrVJgWJrcb7j

Neil Quach: "We've been advocating for #oil companies to invest in a short-cycle production that will lessen #StrandedAsset risk in the #EnergyTransition b/c it lessens the chance you're going to produce oil that will impinge on a lower demand scenario" 📉https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/large-oil-and-gas-deals-may-improve-industry-s-climate-efforts-78277831

Ian Simm, CEO of $50 billion AUM London-based sustainable investment manager Impax AM: 'Investors are still “really struggling” to calculate the so-called #StrandedAsset risk that #oil, #gas & #coal producers face' ⚠️ https://uk.news.yahoo.com/biden-climate-law-exposes-mispriced-180000835.html