『Capital in Transition』のカバーアート

Capital in Transition

Capital in Transition

著者： beatricestewart
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Capital in Transition is Carbon Tracker’s monthly podcast on the global reallocation of capital in the energy transition.

Hosted by Mark Campanale, Carbon Tracker’s CEO, and Harry Benham, Energy Advisor, each episode translates complex research into clear insight for investors, policymakers and industry leaders.

We track where money is flowing, which technologies are scaling, how geopolitics is reshaping deployment, and the implications for long-term strategy.

The transition may be technologically inevitable but capital markets still need incentives, clarity and bankable pathways to move at pace. Understanding what drives investment decisions is central to managing financial risk and identifying opportunity.

From time to time, Mark and Harry are joined by external guests and contributors.

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  • The Quiet Retreat: Why Big Oil isn’t leading the transition

    The Quiet Retreat: Why Big Oil isn’t leading the transition
    2026/05/06

    In its November 2025 piece, The Quiet Retreat, Carbon Tracker argues that, despite political calls for more oil and gas financing, many international oil companies are acting as if long-term demand growth is uncertain. After a decade of capital discipline, investment in new oil and gas supply has stabilised well below the 2014-2015 peak, and more cash is being returned to shareholders rather than used to expand production. Episode 1 examines what is driving that behaviour, and what it signals for investment decisions across the energy system.
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    31 分
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