Stranded Assets
latest news & developmentsPetro states: What happens when 30% of your national budget disappears in a decade?
As the demand for oil shrinks and prices collapse, Africa’s petro states — the likes of Angola, Nigeria, Egypt and Equatorial Guinea — will be left with massive holes in their…
Oil, gas an ‘illusionary’ quick fix
The state should focus on the stewardship of the ocean and sustainable use of its resources for economic growth and long-term jobs rather than on the fossil fuel industry
Big banks under pressure to end fossil-fuel finance
Shareholder engagement on climate-crisis risks is an proving effective tactic to bring about change