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Showing 171 - 180 of 476 results for "fossil fuel"

Finding opportunities in the energy transition: IML

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... position in a company called Contact Energy, one of the large New Zealand GenTailers, where about 20% of capacity is from fossil fuel-based sources," Wood said. "In New Zealand, you have two competitors with 100% renewable because New Zealand has hydro ...

Brookfield signs MoU for renewables

ROSE MARY PETRASS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... currently cost competitive, but if the company decides to manufacture on-shore it will create a viable alternative to the fossil fuel industry "The energy transition creates an opportunity to bring advanced manufacturing processes created offshore to ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... associations that actively block climate action. The asset managers assessed collectively hold 2.8 times more equity value in fossil fuel production companies ($880 billion) than green investments ($309 billion). Globally, the percentage of asset managers ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... on funding could be invested into renewable technologies and transitioned away from sectors in decline, such as the fossil fuel industry. Fortlake Asset Management's deputy chief investment officer Kylie-Anne Richards added: "This research shows that ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund. This is the second time the market regulator has taken action against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... statements of philosophy. "Long-gone are the days when running an ESG super fund was as simple as divesting from a few fossil fuel and armament stocks." The Responsible Investment Association Australasia (RIAA) "warmly welcomes the revised guide, which ...

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... investment in clean technologies is much faster than many have anticipated. As such, we expect to see seismic shift from fossil fuel-based to renewable industries in the next decade." Chamberlayne noted "renewable energy companies are only one aspect ...

Arup appoints state energy business leader

RACHEL ALEMBAKIS  |  TUESDAY, 18 JUL 2023  |  NEWS
Arup has named Thomas Briault as the new Energy Business leader for New South Wales and ACT. Briault has worked for more than 20 years for Arup, most recently as principle for the firm's Southeast Asia Energy, Water and Resources business in Singapore. ...

Climate transition not one-size-fits-all

ROSE MARY PETRASS  |  TUESDAY, 11 JUL 2023  |  NEWS
... grassroots and community-centric, strengthening resilience and adaptability rather than focusing solely on replacing fossil fuel industries with renewable energy industries. It proposes a framework to measure adaptive capacity - readiness for change ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  THURSDAY, 15 JUN 2023  |  NEWS
Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ...