Stranded fossil-fuel assets translate to major losses for investors in advanced economies

Nature Climate Change, Published online: 26 May 2022; doi:10.1038/s41558-022-01356-y

The necessary and rapid transition to a low-carbon economy will lead to massive stranded assets, which could risk the stability of financial markets and the economy. Through a global equity network, most risk and responsibility is owned by investors, such as pension funds, in developed countries.