Stranded Assets and the Carbon Bubble: The prospects and implications of a stranding of carbon heavy assets

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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