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C-EENRG

Cambridge Centre for Environment, Energy and Natural Resource Governance

Studying at Cambridge

 

C-EENRG research on stranded fossil-fuel assets makes the cover of Nature Climate Change

last modified Jul 03, 2018 03:18 PM

C-EENRG's recent paper on stranded assets made it to the cover of Nature Climate Change: 

https://www.nature.com/nclimate/volumes/8/issues/7

In this paper, researchers from Cambridge University (UK), Radboud University (NL), the Open University (UK), Macau University, and Cambridge Econometrics, argue that rates of technological change in energy efficiency and renewable power are likely to cause a sudden drop in demand for fossil fuels, potentially sparking a global financial crisis. They call for a “carefully managed” shift to low-carbon investments and policies to deflate this “carbon bubble”.