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Not on My Balance Sheet: Climate Change, Fossil Fuels, and Stranded Assets

2014-08-04 12:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Energy Collective: This week is shaping up to be rough for the US coal industry. The EPA is holding hearings on plans to dramatically cut carbon-dioxide emissions released from US power plants and the Obama administration just published a report on the economic consequences of waiting to act on climate change. Its enough to make one wonder if the US might get serious about climate change. But whether these actions are enough for a group of investors to win the argument over stranded assets is another question. ...

Tags: change balance sheet assets

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