“…These risks only increase with delayed climate action [19] and specifically with continued expansion of fossil fuel infrastructure [22]. Recently, a number of studies have calculated stranded assets under different climate policies [23], in units of unused capacity [9,18,22,[24][25][26], forgone profits [27][28][29], value at risk [16,[30][31][32][33], unrecovered capital cost [34][35][36][37][38][39][40], or global wealth loss [36] (see section 3 of the supplementary information for a detailed overview of estimates available online at stacks.iop.org/ERL/17/024029/mmedia). Several studies compare plant-level data with existing decarbonization scenarios [24-27, 34, 35, 41-47] or develop new scenarios using more aggregated infrastructure assumptions [10,22,25,[28][29][30][31][36][37][38].…”