Search Results

Showing 121 - 130 of 542 results for "coal"

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
There is no need to use taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025 as the state of NSW has made "massive progress" on new renewable energy and battery capacity, according to think tank Climate ...

WEF to unlock US$2.8 tr clean energy investment in global majority nations

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
The World Economic Forum (WEF) has announced a new initiative to assist global majority nations accelerate clean energy investment solutions. The Network to Mobilize Clean Energy Investment for the Global South was founded in Davos this week to help ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... the time of publishing. In a statement regarding the launch of its sustainability report, the firm said "We have a strict coal policy and have substantially reduced our exposure to unconventional oil and gas." In May 2023, BNP Paribas announced that ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... supervisors need to take up a prominent role in directing finance away from the most environmentally harmful sectors like coal, gas and oil, and set minimum ESG expectations in financial regulation and supervision," Siti Kholifatul Rizkiah, lead author ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... Fund excluded companies that "derive 5% or more of their total annual revenues (either reported or estimated) from thermal coal-based power generation" and have a score of 3 or 4 in the low carbon transition management score quartile. Northern Trust ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... does not include the previous draft's language on "phase out" of fossil fuels. The text mentions "fossil fuel" three times, "coal" twice, and does not mention oil and gas. It now states to "phase down" and "reduce" fossil fuels. A paragraph on eliminating ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
The Australian government has announced it will rejoin the global Green Climate Fund with an initial contribution of $50 million, and allocate $100 million to the Pacific Resilience Facility, to help developing countries transition their economies to ...

Here's what happened at COP28 so far

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... only the second time at a COP, and several emerging economies launched carbon market initiatives. COP28: Countries tackle coal as President claims "no science" behind phase-out During the first week of the COP28 climate summit in Dubai, Australia and ...

COP28: Australia signs Glasgow statement to end public finance for fossil fuels

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... Research Centre. This comes as Australia and other countries pledged to reduce emissions including methane, non-CO2 gasses and coal, during the first week of COP28. Australia's decision to sign the CETP comes after a group of nine Pacific Island civil ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... in Dubai, Australia and other countries outlined new commitments to reduce emissions including methane, non-CO2 gasses and coal. Several countries and major corporations expressed interest in using carbon credits to phase out coal globally. Australia ...