Remove 2030 Remove Assets Remove Variable Costs
article thumbnail

How Exactly Will We Move Away from Fossil Fuels?

Harvard Business Review

The logic, according to the International Energy Agency (IEA) and banks like HSBC, is this: as the world migrates away from carbon-based fuels, trillions of barrels of oil and billions of tons of coal — the assets sitting on the books of energy companies — will become “stranded,” or worthless. Let’s quickly look at each.

Assets 13