Stranded Assets and the Environment: Risk, Resilience and Opportunity (Hardback) book cover

Stranded Assets and the Environment

Risk, Resilience and Opportunity

Edited by Ben Caldecott

© 2018 – Routledge

336 pages

Purchasing Options:$ = USD
Hardback: 9781138120600
pub: 2018-05-10
Available for pre-order

FREE Standard Shipping!


Drawing on the work of leading researchers and practitioners from a range of disciplines, including economic geography, economics, economic history, finance, law, and public policy, this edited collection provides a comprehensive assessment of stranded assets and the environment, covering the fundamental issues and debates, including climate change and societal responses to environmental change, as well as its origins and theoretical basis.

The volume provides much needed clarity as the discourse on stranded assets gathers further momentum. In addition to drawing on scholarly contributions, there are chapters from practitioners and analysts to provide a range of critical perspectives. While chapters have been written as important standalone contributions, the book is intended to systematically take the reader through the key dimensions of stranded assets as a topic of research inquiry and practice. The work adopts a broad based social science perspective for setting out what stranded assets are, why they are relevant, and how they might inform the decision-making of firms, investors, policymakers, and regulators. The topic of stranded assets is inherently multi-disciplinary, cross-sectoral, and multi-jurisdictional and the volume reflects this diversity.


This book will be of great relevance to scholars, practitioners and policymakers with an interest in include economics, business and development studies, climate policy and environmental studies in general.

Table of Contents

Foreword Preface, Ben Caldecott 1. Introduction, Ben Caldecott Part I: Risks and Trends 2. Stranded assets: then and now, Dimitri Zenghelis 3. Unburnable carbon: a carbon bubble?, Thomas Heller 4. Beyond carbon: other environment-related factors, Simon Upton Part II: Exposure across sectors and commodities 5. Upstream reserves: oil, gas, and coal, Mark Fulton 6. Power generation: coal, gas, and nuclear, John Feddersen 7. Transport, David Banister 8. Real estate, Kevin Muldoon-Smith 9. Agriculture, Richard Mattison 10. Renewables and carbon markets, Ian Temperton 11. Water, Alex Money 12. Healthcare systems, Gary Cohen Part III: Financial markets and institutions 13. Institutional investment, Ben Caldecott 14. Equity markets, Steve Waygood 15. Debt markets, Zoe Knight 16. Insurance, Trevor Maynard Part IV: Public policy and regulation 17. Systemic risk and macroprudential regulation, Nick Robins 18. Stranded assets and political economy considerations, Shane Tomlinson

About the Editor

Ben Caldecott is the Founding Director of the Oxford Sustainable Finance Programme at the University of Oxford, UK. He has pioneered key concepts in his field, including the concept of ‘stranded assets’ and is the leading academic researcher in this area internationally.

About the Series

Routledge Explorations in Environmental Studies

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Development / Sustainable Development
POLITICAL SCIENCE / Public Policy / Environmental Policy