There is evidence that the risk of stranded assets in the oil and gas sector is underpriced in financial markets. Publicly traded Western oil and gas companies are starting to write down assets, opening up the possibility that more rationalisation of value is likely to come. To the extent that large oil companies diversify portfolios to include cleaner energy and carbon sequestration technologies, it could reduce the risk of a sudden cascading change in the stock valuation of these firms and related bond and credit markets. Instead, the vast majority of oil and gas assets that will be stranded are in the control of sovereign states whose national budgets are highly dependent on oil and gas revenues. Thus, the problem of stranded asset risk for the oil and gas sector may be most relevant in markets for sovereign credit as well as risks that go beyond financial losses.

Older persons living in Residential and extended care centres (RECC) have to cope with various Stressors associated with institutional life. While some residents cope successfully, a large proportion of this population presents difficulties in adjustment. Knowledge about the role of coping strategies in the adjustment process to nursing home Stressors is limited to strategies used in the first few months following admission to RECC. The goal of this exploratory study was to determine how various coping strategies are related to depressive symptoms, anxiety and well-being of 90 residents living in RECC for more than three months. Individual interviews were used to collect the data. Significant correlations were observed between measures of psychological adaptation and the strategies of escape-avoidance and seeking social support. These results confirm than certain coping strategies are associated with adaptation to life in RECC.