Stranded assets could smite fossil fuel exporter credit ratings -Fitch

Published 17:24 on February 15, 2021  /  Last updated at 17:24 on February 15, 2021  /  Americas, International, US  /  No Comments

‘Stranded assets’ could significantly hurt fossil fuel-exporting countries’ credit ratings, as those governments face a loss of GDP, tax revenues, and export receipts as the world ramps up its decarbonisation efforts, ratings agency Fitch has warned.

‘Stranded assets’ could significantly hurt fossil fuel-exporting countries’ credit ratings, as those governments face a loss of GDP, tax revenues, and export receipts as the world ramps up its decarbonisation efforts, ratings agency Fitch has warned.

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