International Renewable Energy Agency

Green transition could leave tns of assets stranded + Fancy a holiday in BTCity?

The green transition could see companies lose tns in stranded assets, the WallStreet Journal reports, as the shift away from fossil fuels forces write-downs of everything from pipelines to power stations. At least USD 11.8 tn of assets globally could become worthless as rules are increasingly enforced to curb emissions, according to International Renewable Energy…