07 Jun 2023
10:00  - 11:00

Online

Organizer:
IAEE

Events

Webinar: Stranded Asset Risk and Political Uncertainty

The energy industry plays a crucial role in mitigating climate change. However, transitioning from a carbon-intensive to a net-zero economy cannot be solely the responsibility of the industry. It requires sound policies and adequate financial support to be successful.

The industry faces uncertainty in climate policies, which poses one of the biggest threats as sudden changes can lead to stranded investments. This uncertainty also increases the cost of financing new green technologies and makes the transition less economically attractive. Moreover, the risk of stranded assets can spill over to the financial sector, endangering the economy's financial stability. The cost and benefits of the energy transition will be borne by society as a whole, and unfortunately, the cost may be realized by the most vulnerable groups sooner. While the transition will eventually benefit mankind, the necessary costs threaten the way of life for many people today. Policymakers must make sound decisions for climate and energy policy, considering the complex relationship between the dimensions of the transition.

The aim of this webinar is to provide an overview of the energy transition's dimensions and its consequences. We will discuss the topic from an energy economic, societal, policy, and financial perspective, with a focus on how these levels interact with each other. The panelists will provide opening statements on their research, followed by a panel discussion on stakeholder actions to avoid an unorderly transition that may result in economic and societal costs. We will conclude the webinar with a Q&A session.

You are warmly invited to register here.


Export event as iCal