The New Jersey Economic Development Authority’s board approved guidelines this week establishing a program to help invest in the redevelopment of stranded assets. The $25 million Stranded Assets ...

Regulators force PG&E to keep open the money-losing Ivanpah plant.

Obsolete power plants continue to cost ratepayers. Now, the push to generate unprecedented amounts of electricity for data ...

Fossil fuel assets were set to become obsolete in the transition to net zero. But the war in Ukraine is forcing European governments to secure alternative energy sources and driving demand for coal, ...

The likelihood of fossil fuel assets being rendered worthless underscores the need to decarbonize the world's economy as quickly as possible, according to Mark Carney, the U.N.'s special envoy on ...

Continued investment in carbon-intensive industries will drastically increase the amount of “stranded assets” as the world moves to net-zero emissions, researchers warn. The study assesses how much ...

Businesses are inherently risky. It’s the core nature of market-based systems. It’s how investors make or lose money. Essentially, it's gambling. New businesses come and go every day. Even ...

Most businesses recoup their investments in property, plant, and equipment from the income they earn from using those assets. When changes in markets, technology, or regulations reduce income from ...

Continued investment in carbon-intensive industries will drastically increase the amount of 'stranded assets' as the world moves to net-zero emissions, researchers warn. Continued investment in carbon ...

Fossil fuel assets were set to become obsolete in the transition to net zero. But the war in Ukraine is forcing European governments to secure alternative energy sources and driving demand for coal, ...