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Tag: "Citigroup"

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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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Citigroup sees $100 trillion of stranded assets if Paris succeeds

Citigroup sees $100 trillion of stranded assets if Paris succeeds

If you hear a lot of noise about climate policies and climate action over the next few months in the lead up to the Paris climate conference, it is because there is a lot at stake. According to Citigroup analysts: $US100 trillion of potential stranded assets in the fossil fuel industry.

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World must add 53GW solar PV a year to address climate change

World must add 53GW solar PV a year to address climate change

Citi report forecasts average solar PV installation rate of 53GW/y from 2013-2020 as part of its least-cost scenario for action on climate change.

4
Citigroup dismisses Direct Action as expensive and inadequate

Citigroup dismisses Direct Action as expensive and inadequate

Citigroup says Direct Action is not sustainable, too expensive, and will not signal move to low carbon economy. And it questions lobbying actions of groups such as Minerals Council of Australia.