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Energy transition and climate economics

7 articles

Energy transition

The energy transition is the global shift from fossil fuels toward low-carbon energy, combining renewable electricity, electrification, efficiency, hydrogen, and some continued fossil fuel use.

Fossil fuel divestment

Fossil fuel divestment is the sale of financial holdings in companies that extract coal, oil, gas, and tar sands; by 2026, 1,731 institutions managing over $40 trillion had committed.

IEA NZE scenario

The Net Zero Emissions by 2050 (NZE) Scenario is an International Energy Agency scenario mapping one pathway for the global energy sector to reach net zero CO2 emissions by 2050.

NégaWatt

NégaWatt is a French nonprofit association founded in 2001 that produces independent energy scenarios for France, prioritizing sufficiency, then efficiency, then renewables, with carbon neutrality by 2050.

Social cost of carbon

The social cost of carbon (SCC) estimates, in dollars, the damage from a 1-ton increase in CO2 emissions, and is the figure US agencies used to weigh climate rules.

Stranded asset

A stranded asset is an asset that suffers an unanticipated or premature write-down or devaluation, chiefly fossil fuel reserves, power plants, and infrastructure that lose value under climate policy and shifting demand.

Stranded assets

Stranded assets are assets that suffer unanticipated or premature write-downs or devaluations, chiefly fossil fuel reserves and infrastructure that climate policy or technology change leaves unusable.