Stranded assets: then and now

This chapter examines the issue of stranded assets from a macro-economic perspective. It will compare previous macro-economy drivers of change and rates of asset stranding with those observable today and forecasted for the future. In doing so, it will attempt to answer the following questions: What drivers have changed? What variables determine rates of value destruction? What pace of asset stranding can be expected normally and during economy-wide transitions? What could be an optimal rate of asset stranding? Could environment-related factors be generating a different rate and scale of asset stranding? It will also discuss why stranded assets can be seen as an opportunity - refreshing capital stocks, reducing pollution, and moving closer to technological frontiers.

ZENGHELIS Dimitri;  FOUQUET Roger;  HIPPE Ralph; 

2018-07-18

Routledge

JRC106554

978-1-138-12060-0,   

https://www.routledge.com/Stranded-Assets-and-the-Environment-Risk-Resilience-and-Opportunity/author/p/book/9781138120600,    https://publications.jrc.ec.europa.eu/repository/handle/JRC106554,