Stranded assets and the fossil fuel divestment campaign: What does divestment mean for the valuation of fossil fuel assets?

Abstract

The fossil fuel divestment campaign has rapidly gained traction throughout university campuses and elsewhere since its launch. As part of our research we test whether the divestment campaign could affect fossil fuel assets and if so, how, to what extent, and over which time horizons. We also look at the similarities and differences between this campaign and others, such as tobacco and apartheid.