20min chapter

The LRB Podcast cover image

Have we surrendered to climate breakdown?

The LRB Podcast

CHAPTER

Stranded Assets and Global Energy Dynamics

This chapter explores the implications of stranded fossil fuel assets amid climate change, highlighting the critical need to leave reserves untapped. It contrasts the evolving behaviors of fossil fuel companies in relation to the Paris Agreement and examines China's dual role as a leader in renewable energy and a significant coal consumer. The discussion also emphasizes the complex interplay between fossil fuel capital, consumers, and governments, analyzing their collective impact on climate accountability and the challenges of transition.

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