Infographic | Fossil fuel power plants conversions? | Yangsiyu Lu

This infographic, based on the work of Yangsiyu Lu, explains how to convert fossil fuels planst to be less carbon-intensive. It introduces the concept of “stranded asset” (asset that must be decommissioned or underused in order to keep global warming below 2 °C) and presents low-carbon alternatives.

Yangsiyu Lu is a postdoctoral fellow at Paris School of Economics and an associate with University of Oxford’s Institute for New Economic Thinking.

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 Chewpreecha Unnada, Edwards Neil R., Holden Philip, Knobloch Florian, Lam A., Mercure Jean-Francois, Pollitt Hector, Salas Pablo, Sognnæs Ida & Viñuales Jorge Enrique, 2018, “Macroeconomic impact of stranded fossil fuel assets”, Nature Climate Change, 8(7), 588-593.

 Tong Dan, Qiang Zhang, Yixuan Zheng et al., 2019, “Committed emissions from existing energy infrastructure jeopardize 1.5 °C climate target”, Nature 572, 373–377.

 Van der Ploeg Frederick & Rezai Armon, 2020, “Stranded assets in the transition to a carbon-free economy”, Annual review of resource economics, 12, 281-298.

* This infographic is part of Economics for everybody.