Climate Risk

IEEFA Research

IEEFA Investor Memo ExxonMobil (XOM): Company Is an ‘Outlier’ in How It Reports Write-offs on Canadian Oil Sands Assets

Loss Accounting ‘Largely Overlooked by Industry Analysts;’ Full Transparency Could Affect Balance Sheet by $22 Billion

April 17, 2017  ( – The Institute for Energy Economics and Financial Analysis (IEEFA) today published an investor memo questioning whether ExxonMobil has appropriately accounted for its recent write-off of billions of barrels of Canadian oil sands assets. In “ExxonMobil Investment Note,” IEEFA outlines how ExxonMobil remains the exception in the oil industry in its […]

April 17, 2017 Read More →

More News and Commentary

Op-Ed: How Is Trump Failing to Put America First? Let Us Count the Ways

San Diego Union Tribune: Now that President Donald Trump has enfeebled the Environmental Protection Agency, reversed climate regulations opposed by fossil fuel interests and announced U.S. withdrawal from the Paris Climate Accord, it is right to examine whether his agenda on climate change really puts “America first,” which he so often proclaims is his overriding […]

November 17, 2017 Read More →

Big Oil, ‘Unloved and On Sale’

Sydney Morning Herald: Big Oil is under pressure, unloved and on sale. Energy giants from Exxon Mobil to Royal Dutch Shell are struggling back to their feet after a three-year oil slump, while also fighting to prove they can survive for decades to come amid an accelerating shift to clean energy. So getting dumped by […]

November 17, 2017 Read More →

Australia’s Energy Policy Comes Under Global Scrutiny

Sydney Morning Herald: Australia’s backing of the fossil fuel industry is expected to come under more scrutiny at the Bonn climate talks in Germany, as a global effort to reduce coal use gathers momentum. Britain and Canada were expected to launch the Global Alliance to Power Past Coal at a Thursday media conference aimed at […]

November 17, 2017 Read More →

More Countries, States Join Pact to End Coal Use for Electricity Generation

Reuters: At least 15 countries have joined an international alliance to phase out coal from power generation before 2030, delegates at U.N. climate talks in Bonn said on Thursday Britain, Canada, Denmark, Finland, Italy, France, the Netherlands, Portugal, Belium, Switzerland, New Zealand, Ethiopia, Mexico and the Marshall Islands have joined the Powering Past Coal Alliance, […]

November 17, 2017 Read More →

IEEFA Update: U.K. Biomass-Fueled Electricity Generation Appears Not to Be the Answer

Regulators Are Catching Up With Wood-Burning Power Plants

Growing doubts around the merit of burning wood and other solid biomass as a large-scale solution for cutting carbon emissions from power generation may see the renewable fuel dumped —in the same way diesel and liquid biofuels have lost favor as” low-carbon solutions” in transport. Burning biomass to generate electricity is supported by some in […]

November 8, 2017 Read More →

U.S. Energy Policy Under Trump Puts China in Charge

Vice: When people look back at Donald Trump’s first year as president, they’re likely to be perplexed by his actions on climate change. They will see an administration that put climate deniers in senior government positions during a year of record-breaking natural disasters, did everything it could to save a dying coal industry as jobs […]

November 7, 2017 Read More →

In Investor Presentations, Utilities Are Adopting the Language of Transition

Bloomberg New Energy Finance: Utility companies, it seems, are just not that into coal anymore — or they don’t see it as a source of growth. Using the Bloomberg Document Search, I combed through investor presentations by 127 publicly listed U.S. utility companies since 2009 and discovered that four particular terms or keywords — “new […]

October 24, 2017 Read More →

Credit Analysts Cite Climate Risk

The Bond Buyer: As hurricane-stricken states on the Gulf of Mexico face prolonged recovery from this year’s massive storm damage and California douses the remnants of lethal wildfires, affected governments must also consider ways to protect their tax bases from the long-term threat of global warming, credit analysts say. “S&P Global Ratings believes that what […]

October 24, 2017 Read More →
IEEFA Report: Winners and Losers Among Big Utilities as Renewables Disrupt Markets Across Asia, Europe, the U.S., and Africa

IEEFA Report: Winners and Losers Among Big Utilities as Renewables Disrupt Markets Across Asia, Europe, the U.S., and Africa

Leaders and Laggards Emerge; US$185 Billion in Lost Shareholder Value Seen Among Utilities Failing to Keep Pace; Solar and Wind Generation ‘Can Now Consistently Outbid Fossil-Fuel-Based Generation’

Oct. 4, 2017 (IEEFA) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today that describes how the rise of renewable energy is disrupting electricity markets worldwide. The report, “Global Electricity Utilities in Transition: Leaders and Laggards: 11 Case Studies,” documents a pace of change in Asia, Europe, the Americas and […]

October 4, 2017 Read More →

More Climate Risk to Oil Majors in 2 New Lawsuits Reminiscent of Tobacco Litigation

Reuters: California cities San Francisco and Oakland filed separate lawsuits against five oil companies on Wednesday seeking billions of dollars to protect against rising sea levels they blamed on climate change, according to public documents. The lawsuits, filed in state courts in San Francisco and Alameda Counties, alleged Chevron Corp, ConocoPhillips, Exxon Mobil Corp, BP […]

September 21, 2017 Read More →