Trillions in Assets May Be Left Stranded as Companies Address Climate Change

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Write-downs of power plants, auto factories and fossil-fuel reserves could cause big losses in the transition to renewable energy

At the end of 2019, General Motors Co. announced a $1 billion investment to produce a new generation of Chevrolet Colorado and GMC Canyon pickup trucks at its factory in Wentzville, Mo.

Just over a year later, GM said it would go all electric by 2035. Analysts are worried that some of the new Wentzville machinery could end up on the scrap heap, adding to a multitrillion-dollar pile of assets that will lose value as the country shifts away from fossil fuels.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Companies that aren't already making decisions based on anticipation of at least $135/tCO2 on fossil fuels by 2030 are not paying attention. A global carbon price is coming, driven by the EU, US, or others. The only question is when it will start. It could start very soon.

🚀👍IMPORTANT ANNOUNCEMENT, Developers highlighted that it will be 0001 cent very soon,New, CUMSTAR_ that will make us rich.CUMSTAR_ coin of famous stars,can be a big uptrend,has a very important upside potential,🚀buy address Pcswap=0x4a713ee4deb88a8c2abd77afed415201edb6f1fa

stevenmarkryan 😉

VergeOfRapture 휴거의_문턱 주님의 음성에 마음을 강팍케 하지 마십시요

VergeOfRapture 휴거의_문턱 휴거가 가깝습니다.

하나님의 심판은 공정합니다. 휴거의_문턱 VergeOfRapture

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 98. in SE

Sverige Senaste nytt, Sverige Rubriker