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Showing 11 - 20 of 54 results for "extraction"

Government launches review of Safeguard Mechanism

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... CMI noted that "to date, poor ambition and policy design has seen emissions from covered metals, mining, oil and gas extraction, manufacturing, transport, and waste facilities increase by 4.3% between 2016-17 and 2020-21. "The design elements need to ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... has restrictions on holding companies that generate more than 30% of revenue from distribution, power generation, or extraction of thermal coal, and has now expanded those restrictions to include companies who are in the oil and gas production and exploration ...

UniSuper sustainability exec departs for Vanguard

RACHEL ALEMBAKIS  |  THURSDAY, 30 JUN 2022  |  NEWS
... UniSuper's actions on climate have included divesting from companies generate over 10% of their revenue from the extraction of thermal coal, setting the goal that their 50 largest Australian investments set Paris-aligned operational targets by the ...

Budget "misses opportunity" to address sustainability

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022  |  NEWS
... said. "However, much of the $1.3 billion supports gas, or blue and grey hydrogen which further support fossil fuel extraction and complicates Australia's ultimate path toward net zero. These investments are certainly pushing Australia toward a greener ...

Australian Ethical launches high conviction ETF

RACHEL ALEMBAKIS  |  TUESDAY, 1 FEB 2022  |  NEWS
... the ASX300, which returned 2.2% during that same time period. Murray noted that the fund is not invested in mining or extraction. Currently, Australian Ethical has funds under management of $6.94 billion, an increase of more than 37% in the 12 months ...

Predictions for robust investment in green transition, sustainability

RACHEL ALEMBAKIS  |  THURSDAY, 6 JAN 2022  |  NEWS
... reserves in nickel and cobalt, "offering great potential for broadly untapped resources." The report said that mining and extraction has environmental risks, and also pointed out that lithium in particular is heavily reliant on water resources, citing ...

Beyond the spin - what did COP26 actually deliver?

SIMON O'CONNOR  |  FRIDAY, 26 NOV 2021  |  NEWS
... a transition that is fair and supports workers. Particularly momentous was the strongest commitment yet to end the extraction and burning of coal for energy. Significantly, 190 countries signed on to the pledge to end all investment in coal power and ...

CEFC allocates seed capital for lithium production technology

RACHEL ALEMBAKIS  |  TUESDAY, 26 OCT 2021  |  NEWS
... for mining and refining lithium can be environmentally challenging, with material carbon and reagent footprints. The extraction of lithium from salt-lake brine also produces significant land and water footprints. The Novalith process for extracting lithium ...

Santos sued over clean energy, net zero claims

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... natural gas it produces is a "clean fuel" and provides "clean energy"; and ACCR claims these statements convey that the extraction of fossil gas, and the end-use of that gas, does not have a material adverse effect on the environment. In terms of its ...

UniSuper updates progress on net zero target

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
UniSuper has reduced its exposure to fossil fuel extraction to less than one percent of its overall portfolio, while 40 of its top 50 Australian investments have set targets aligned with the Paris Agreement. The $100 billion super fund has published ...