Economics for everybody : Fossil fuel power plants conversions? By 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.

Published on 04/04/2023 16:30

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

Chewpreecha U., Edwards N.R., Holden P., Knobloch F., Lam A., Mercure J.F., Pollitt H., Salas P., Sognnæs I. & Viñuales J. E., 2018, “Macroeconomic impact of stranded fossil fuel assets”, Nature Climate Change, 8(7), 588-593.
Tong D., Qiang Z., Yixuan Z. et al., 2019, “Committed emissions from existing energy infrastructure jeopardize 1.5 °C climate target”, Nature 572, 373–377.
Van der Ploeg F. & Rezai A., 2020, “Stranded assets in the transition to a carbon-free economy”, Annual review of resource economics, 12, 281-298.

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