Macroeconomic impact of stranded fossil fuel assets

@article{Mercure2018MacroeconomicIO,
  title={Macroeconomic impact of stranded fossil fuel assets},
  author={Jean-François Mercure and Hector Pollitt and Jorge E. Vi{\~n}uales and Neil Robert Edwards and Philip B. Holden and Unnada Chewpreecha and Pablo Salas and Ida Sognnaes and A. Lam and Florian Knobloch},
  journal={Nature Climate Change},
  year={2018},
  volume={8},
  pages={588-593}
}
Several major economies rely heavily on fossil fuel production and exports, yet current low-carbon technology diffusion, energy efficiency and climate policy may be substantially reducing global demand for fossil fuels1–4. This trend is inconsistent with observed investment in new fossil fuel ventures1,2, which could become stranded as a result. Here, we use an integrated global economy–environment simulation model to study the macroeconomic impact of stranded fossil fuel assets (SFFA). Our… 
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