Macroeconomic impact of stranded fossil fuel assets
Macroeconomic impact of stranded fossil fuel assets, Published online: 04 June 2018; doi:10.1038/s41558-018-0182-1
New fossil fuel investments may become stranded if demand for fossil fuel declines due to technological change. This could amount to a discounted global wealth loss of US$1–4 trillion, with the negative impact for producer countries amplified by climate mitigation policies of consumer countries.
