Queensland Resource Council calls for government aid as struggling coal companies “teeter on the brink”. Is the coal industry finally facing up to reality?
Tag: "fossil fuels"
According to Agora Energie’s proposed plan, the use of coal to generate power will be over by 2040.
Despite a 10% cut to coal consumption forecasts, the latest International Energy Agency medium-term coal market outlook distorts the underlying data being presented.
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.
The reputation risk that flows from an association with pollution has become increasingly relevant for corporations amid growing public awareness of climate change.
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.
As Paris talks banning new coal mines, it’s worth reminding Australia’s leaders that rehabilitating coal plants and mines is an expensive business.
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.