Session Information

The Carbon Bubble: Managing Financial Risks of Stranded Assets

Date: Wednesday, March 2

Time: 1:30pm - 3:00pm

Format: Panel Discussion

Recent science suggests that the lion’s share of fossil reserves must stay in the ground if the earth is to keep below two degrees of warming. How are investors and pension fund managers responding to the potential for stranded assets? What is the balanced approach to risk analysis and capital management? How can we promote synergy between corporations, policymakers, technology companies, capital markets, investors, analysts and rating agencies?

Topic Speakers

Lisa DeMarco is a lawyer with over two decades of experience in law, regulation, policy and advocacy relating to energy and climate change. She represents several governments and leading energy clients in a wide variety of natural gas, electricity, pipeline, and energy storage matters before various regulatory tribunals, including the Ontario Energy Board and the National Energy Board. She has been an adjunct professor at Osgoode Hall Law School and lectures regularly. Ms. DeMarco also assists leading Canadian energy companies on domestic and overseas power project development, renewable power projects, alternative fuel projects, cleantech development and finance, energy storage, carbon capture and storage, corporate social responsibility, environmental disclosure, clean energy finance, and sustainable business strategy. She is ranked by Chamber’s Global as one of the world’s leading climate change lawyers and regularly attends and advises on United Nations Climate negotiations. She is ranked and repeatedly recommended by Lexpert, Expert Guide, International Who’s Who and Chambers Canada as a leading energy (oil and gas) and environment lawyer.

Ms. DeMarco has worked for multilateral development banks and energy companies on deals and projects in India, Brazil, Sri Lanka, Thailand, Argentina, Chile, Peru, Ireland, Africa, Mexico, China, Russia, California, Alberta, Ontario, British Columbia, and Quebec. She plays an ongoing and active role in the development and drafting of energy and greenhouse gas emissions policy, regulation, and law throughout Canada, and in various countries around the world. She was appointed to the Premier of Ontario’s now completed Climate Change Advisory Panel and continues to serve as an appointed member of Ontario’s Clean Energy Task Force and Climate Action Group. Ms. DeMarco is a member of the Board of Directors of Ontario Power Generation and the Toronto Atmospheric Fund Investment Committee. She is currently on the editorial board of the Carbon and Climate Law Review. She is a graduate of the University of Western Ontario (BSc. Hon. 1990), the University of Toronto (MSc. 1992), Osgoode Hall Law School, York University (LLB 1995) and the Vermont Law School (MSEL, summa cum laude 1995). She is called to the bar in Ontario and England.