OVEREXPOSED
Gobal Witness HOW THE IPCC’S 1.5°C REPORT DEMONSTRATES THE RISKS OF OVER INVESTMENT IN OIL AND GAS 23 APRIL 2019 Overinvestment in oil and gas creates risks for investors, regardless of whether the world is effective in tackling climate change. Either investors face assets being stranded as demand for fossil fuels falls in a transition to a low carbon economy, or the overinvestment contributes to excess emissions from fossil fuels, the failure to transition and the financial costs of a dramatically changed climate. Our analysis compared average oil and gas demand in the IPCC scenarios that are not reliant on …