Investors say the Morrison government’s refusal to adopt a zero emissions target is holding back investment and the transition away from fossil fuels.
Investors in clean energy and decarbonisation stocks have done very well over the last 12 months.
Investors say the Morrison government’s Technology Roadmap is not a replacement ‘for a coherent national climate policy’, or a lack of 2050 target.
Carbon Tracker warns that more than $1 trillion in planned coal investments is at risk of becoming stranded, as the costs of wind and solar continue to fall.
Bloomberg’s Michael Liebreich points to the killer graph that makes new investment in coal generators almost impossible.
Climate expert Michael E. Mann slams climate science deniers and expresses optimism that student strikes have shifted the conversation on climate change.
APRA says switch to technologies like batteries, electric vehicles and solar will have largely played out by 2030, and warns of financial risk of ignoring climate change.
NSW Energy minister confident he has right settings to encourage investors to drive decarbonisation of state’s grid, and says responding to climate change is prudent business management.
The Climate Action 100+ intitiatives finds investor pressure helps change company approaches to climate change, but movement on lobby groups remains slow.
Global fossil fuel divestment movement tops US$11 trillion as campaigners place further pressure on investors to respond to climate emergency.