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Tag: "fossil fuels"

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Is Australian coal finally having its "oh sh*t" moment?

Is Australian coal finally having its “oh sh*t” moment?

Queensland Resource Council calls for government aid as struggling coal companies “teeter on the brink”. Is the coal industry finally facing up to reality?

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Proposal made to phase out German coal fired power stations by 2040

Proposal made to phase out German coal fired power stations by 2040

According to Agora Energie’s proposed plan, the use of coal to generate power will be over by 2040.

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IEA coal outlook blithely ignores the big picture

IEA coal outlook blithely ignores the big picture

Despite a 10% cut to coal consumption forecasts, the latest International Energy Agency medium-term coal market outlook distorts the underlying data being presented.

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UBS: Paris deal means most coal generation has to go

UBS: Paris deal means most coal generation has to go

Investment bank UBS says Paris deal a significant threat to coal generation, and Australia must face up to carbon price to meet 2°C target.

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Citi: Don’t expect clean coal to save the planet

Citi: Don’t expect clean coal to save the planet

Citi report has bad news for coal companies depending on ‘clean coal’ to save the industry – and delivers it with a velvet sledgehammer.

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Let them eat coal: Coal lobby not taking Paris deal very well

Let them eat coal: Coal lobby not taking Paris deal very well

As coal stocks slump, fossil lobbies of the world unite to mock and deny the deal that leaves their industry on shakier ground than ever.

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Meet the fossil fuel firms sponsoring the world's biggest climate conference

Meet the fossil fuel firms sponsoring the world’s biggest climate conference

The reputation risk that flows from an association with pollution has become increasingly relevant for corporations amid growing public awareness of climate change.

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Phase-out fossil fuel subsidies, says IEA chief

Phase-out fossil fuel subsidies, says IEA chief

IEA chief Fatih Birol says current low oil and coal prices provides “fertile ground” for the phase-out of $500bn a year fossil fuel subsidies.

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Fossil fuel investment the next 'subprime' crisis: Gore

Fossil fuel investment the next ‘subprime’ crisis: Gore

Former US vice president says evidence for climate change “as clear as for gravity”, and investors who failed to see this would be left holding trillions of dollars of stranded assets.

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After Paris, can the "little black rock" clean up after itself?

After Paris, can the “little black rock” clean up after itself?

As Paris talks banning new coal mines, it’s worth reminding Australia’s leaders that rehabilitating coal plants and mines is an expensive business.

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Fossil fuel divestment campaign gathers pace in Australia and worldwide

Fossil fuel divestment campaign gathers pace in Australia and worldwide

Latest stocktake of global divestment movement reveals 500 institutions representing $US3.4 trillion in assets now involved, including Australia’s City of Melbourne and 14 local councils.