The end of fossil fuels

Renewed political commitment to tackling climate change, cheaper renewables technology, more costly prospecting – can fossil fuels survive this triple whammy? Simon Wilson reports.

What are stranded assets?

They are assets that are unexpectedly or prematurely devalued, written off, or converted to liabilities as the result of a sudden shift in technology, regulation or public opinion. A simple example might be public phone boxes these became all but redundant in the wake of universal mobile phone technology.

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Simon Wilson’s first career was in book publishing, as an economics editor at Routledge, and as a publisher of non-fiction at Random House, specialising in popular business and management books. While there, he published Customers.com, a bestselling classic of the early days of e-commerce, and The Money or Your Life: Reuniting Work and Joy, an inspirational book that helped inspire its publisher towards a post-corporate, portfolio life.   

Since 2001, he has been a writer for MoneyWeek, a financial copywriter, and a long-time contributing editor at The Week. Simon also works as an actor and corporate trainer; current and past clients include investment banks, the Bank of England, the UK government, several Magic Circle law firms and all of the Big Four accountancy firms. He has a degree in languages (German and Spanish) and social and political sciences from the University of Cambridge.