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Fossil-fuel stranded asset risks held by individuals in OECD countries and non-OECD governments

A model based on plausible changes in expectations of future oil and gas demand identifies the ultimate financial owners of potential stranded assets to be predominantly OECD-based individual investors (through pension funds and shareholdings) and governments of non-OECD countries.

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Fig. 1: Ownership chain of stranded assets.


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This is a summary of: Semieniuk, G. et al. Stranded fossil-fuel assets translate to major losses for investors in advanced economies. Nat. Clim. Change (2022).

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Fossil-fuel stranded asset risks held by individuals in OECD countries and non-OECD governments. Nat. Clim. Chang. 12, 510–511 (2022).

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