Welcome to the decade of “stranded assets”

by | Oct 14, 2020 | Carbon Emissions, Climate Crisis

I'm the founder of FutureWork IQ where I spend my time assisting businesses to improve their climate literacy so as to understand the projected impacts from the expanding climate crisis and how to adapt their workplaces in the face of these impacts.

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The pandemic has graphically illustrated how quickly external events can result in “stranded assets.”

  • Airlines
  • Guest houses
  • Hotels
  • Restaurants
  • Offices
  • Shopping centers
  • Schools
  • Etc.

This all happened as a result of efforts to mitigate against the spread of the virus. The exact same thing is going to transpire as we urgently move on mitigating against climate change.

As with covid many, industries, businesses and careers are going to become “stranded assets.”

As a result, do everything you can to decouple your business (and career) from the need to burn fossil fuels.

So…

Using an office? Do you really need it? If so, is it powered by renewable energy?

Have to commute to work using combustion engines? Can you eliminate the need for a daily commute? If not, can you switch to electric or other renewable transportation?

Do you have to fly for business? Can you replace a flight with a virtual meeting?

Etc.

Use this graphic to determine where your business touches fossil fuels and ask “how can I/we break our reliance on this?”