The article begins by highlighting the necessity of shutting down fossil-fuel production sites before they’re fully utilized. This is crucial for ambitious climate policies. However, if investors don’t anticipate this, they might face losses on their investments, known as “stranded assets”. Governments in wealthy Western countries might be hesitant to implement strong climate policies due to the potential social repercussions of such asset stranding, especially as it could negatively impact oil and gas companies. There’s a particular concern about pension plans that have investments in these markets. If these plans are already underfunded, they could be at even more risk.