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EssentialThe Essential Conversation

Invested in Oil and Gas? Your Assets Could Be At Risk

Featuring Mike Coffin and Maggie Lake

Dec 08, 2021 • 25 minutes

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Essential

The Essential Conversation

Invested in Oil and Gas? Your Assets Could Be At Risk

A global pivot towards renewables would devalue your oil and gas assets by $1 trillion.

Featuring Mike Coffin and Maggie Lake

Dec 08, 2021 • 25 minutes

If you've invested in oil and gas, a global shift towards renewables has potential to endanger $1 trillion in assets. Despite currently soaring oil prices, long-term trends away from fossil fuels threaten to wipe out around $1 trillion USD in the next decade for oil and gas producers, as Mike Coffin of Carbon Tracker warns. As the costs of wind and solar power rapidly fall and countries commit toward a net-zero carbon world, companies that fail to commit capital to the transition could be in danger of having their assets devalued. “This isn’t some ESG thing,” says Coffin. “This is a core financial risk.” Interviewed by Maggie Lake on December 2, 2021. Show More

The Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.

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The Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.

More Episodes

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