Fossil fuel registry launched to help spot 'stranded assets'

geemong

Fossil fuel registry launched to help spot 'stranded assets'





Carbon Tracker and Global Energy Monitor said on Monday (Sep 19) that they had launched the first global registry of oil and gas reserves, production and emissions with data for more than 50,000 fields.

How to play slot wallet profitably every day? Of course, this kind of thing requires a bit of technique to play, but where can you find a good technique to work and win a lot of profit? Don't worry.

The database makes previously disparate or hard-to-access data publicly available, including to investors attempting to better understand which assets could be at risk of being uneconomic, or "stranded", in the low-energy transition.

It could also help activists in their efforts to pressure producers or governments to cut fossil fuel output.

"It is an enormous help to now have all this information, cross-referenced and searchable at our fingertips. Not least to help us in targeting and refining our thematic engagement and stewardship," said Eric Christian Pedersen, Head of Responsible Investments at Nordea Asset Management.

The Global Registry of Fossil Fuels contains data for fields in 89 countries, covering 75 per cent of global production the non-governmental organisations which developed it said.

Global Energy Monitor (GEM) said the registry collated data from sources including governments, state-owned and private companies, news and media reports, NGOs and on-the-ground contacts providing first-hand information about a project.