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Showing 11 - 20 of 415 results for "fossil fuel"

Landmark greenwashing case against Energy Australia comes to an end

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025  |  NEWS
A landmark greenwashing case against Energy Australia was discontinued after the provider reportedly reached a settlement with activist group Parents for Climate. A civil trial against Energy Australia was due to kick off this week, with The Australia ...

ART extends exclusions in Socially Conscious option

ELIZA BAVIN  |  MONDAY, 12 MAY 2025  |  NEWS
... include investing in companies which obtain more than 5% of revenues from thermal coal; metallurgical coal; oil and gas; fossil fuel generation; alcohol; gambling; and adult entertainment. Additionally, any investment that gets any revenue from tobacco ...

Podcast: Banking on the climate transition

THE GREENER WAY  |  FRIDAY, 2 MAY 2025  |  NEWS
... ANZ, Commonwealth Bank, Macquarie Group, NAB and Westpac - have all committed to limiting or cutting financing to fossil fuel projects that they feel are not aligned to achieving a net zero future. This requires a lot of work on several fronts, and for ...

5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025  |  NEWS
... on offer are not covered by the ESMA guidelines as none of the terms appear in their names. It said, in relation to fossil fuel investments, just 43% of funds fall within the guidelines' remit - from May 21 they will either need to sell their fossil ...

Woodside investors urged to sack the board over dud returns

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025  |  NEWS
... global equities market and the local equities market. Yet the company is persisting with the high-cost, high-risk, fossil fuel growth strategy that contributed to its significant underperformance," he said. "This is not a temporary blip: Woodside eroded ...

Australian Ethical sees path through anti-ESG push

ROSE MARY PETRASS  |  TUESDAY, 25 FEB 2025  |  NEWS
... investors. Despite short-term disruptions caused by policy shifts from the new US administration - such as expanded fossil fuel extraction, a ban on offshore wind projects, and withdrawal from the Paris Agreement - Woods argues these measures open a ...

Banks' culture, conduct has government committee 'deeply concerned'

JAMIE WILLIAMSON  |  MONDAY, 24 FEB 2025  |  NEWS
... The committee also highlighted growing concerns around the banks' continued lending to the gas industry and other fossil fuel projects. During the inquiry's public hearings, some of the banks told the committee that reducing lending to gas projects on ...

Economists brace for an uncertain future

ROSE MARY PETRASS  |  TUESDAY, 18 FEB 2025  |  NEWS
After decades of unprecedented progress in reducing global inequality and poverty, the future looks increasingly uncertain, according to Angela Jackson, lead economist at Impact Economics and Policy. With Australia heading into an election year, potential ...

Investors and business leaders call for end to 'weak' net zero pledge

ROSE MARY PETRASS  |  WEDNESDAY, 12 FEB 2025  |  NEWS
... fossil fuels. The letter demands 'real zero' targets over 'net zero' targets, and clear and transparent timelines for fossil fuel phase out. Under a 'net zero' scenario, emissions going into the atmosphere are balanced by removal from the atmosphere ...

Renewable energy company secures $160m from Macquarie

KARREN VERGARA  |  MONDAY, 10 FEB 2025  |  NEWS
Macquarie Asset Management (MAM) is providing $160 million (€97m) to finance the expansion ambitions of Spanish renewable energy company Greenalia. Greenalia is the developer, owner, and operator of renewable energy assets in Spain, Portugal, and ...