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Much has been written about the financial risk of stranded assets lately. But how much risk is there and what does it depend on? What can lead to a stranding of assets? Will the carbon bubble be the next big crisis after sub-prime mortgages and government debt? How do investors react? And what role do stranded assets play in our transition towards a low-carbon economy?
Some neutral thoughts from a DPhil student who researches the implications of stranded carbon assets on green growth.
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