Fossil fuel-burning utilities will benefit from a greener world
Ben McVicar | Magellan Asset Management | 13 October 2021 | 0.50 CE
Clients and investors are concerned about investing in assets like utilities with exposure to carbon emissions due to climate change concerns, and fears over asset stranding risks. However, regulated electric utilities – even those burning coal and gas today to keep the lights on – are well positioned to navigate this. Despite concerns, these high-quality businesses should not only face very little asset stranding risk over coming decade but will be a significant beneficiary in a greener world.
Presentation (35 mins) | Slides
