@ARTICLE{TBA, TITLE={[FORTHCOMING] Financing the energy transition}, AUTHOR={P. Jean Valayer , Noémie Wouters, }, JOURNAL={Technology and Innovation}, VOLUME={}, NUMBER={Forthcoming papers}, YEAR={2024}, URL={https://www.openscience.fr/Financing-the-energy-transition}, DOI={TBA}, ISSN={2399-8571}, ABSTRACT={Published oil and gas reserves are sufficient to saturate the carbon budget published by the IPCC. Our prospects seem to be: either of a failing to stop the extraction of carbon products in time to avoid climate disaster, or of incurring economic losses with hardly predictable consequences due to the considerable stranding of carbon assets, brought about by constraining but existential regulations. To face this situation, this article proposes to put in place as quickly as possible an accounting procedure within companies supplying the carbon energy chain. It consists of a provision providing for the replacement of assets dedicated to carbon energy. Funded from its implementation, it will ensure the decarbonization of investment decisions upstream. Within the annual accounts of industries producing oil, gas and coal, the need to replace assets associated with energies dependent on carbon of fossil origin will thus be recorded at its heart. Inviting the timely provision of the capital necessary to avoid stranding, the provision will be calculated according to an energy-fair book value of the assets thus intended to be replaced… on time. In a context where clean energy technologies are hungry for financing, where the emissions quota system clearly gives insufficient signals to investors, but where investment precedents are nevertheless inspiring, we address key success factors involved by our procedure, including its effectiveness in conversion capacity, filling - on time? - the need for clean energy, and its attractiveness for investors. It will be necessary to draw the road map with the participation of international legal and financial governance, the list of which we justify.}}