Fig. 1: Changes in global profits and stranded assets from medium realignment of expectations.
From: Stranded fossil-fuel assets translate to major losses for investors in advanced economies

a, Global revenue and profit trajectories over 2018–2036 according to the medium realignment’s initial and revised expectations. Green shades indicate reduction in revenue and profits under revised relative to initial expectations. b, Annual asset stranding as a result of medium realignment of expectations in 2022. The first year has negative stranded assets as sell-off behaviour generates windfall profits for low-cost producers.