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Showing 21 - 30 of 187 results for "oil and gas"

Government hands down 2035 climate target

MATTHEW WAI  |  FRIDAY, 19 SEP 2025  |  NEWS
... commitment to phase out fossil fuels. "Anything less than a 75% cut this decade backed by a plan to phase out coal, oil and gas is not a climate plan, it's a denial of climate justice," 350.org deputy head of regions Fenton Lutunatabua said. "Pacific ...

Aware Super expands investment restrictions

ELIZA BAVIN  |  MONDAY, 15 SEP 2025  |  NEWS
... screens and descriptions in the Socially Conscious options by combining the coal, coal fired power generation, and oil and gas screens into a single fossil fuel exploration or production screen. "This is a disclosure change only and doesn't affect ...

ART pledges $2bn towards impact investing

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025  |  NEWS
... capabilities. We think the transition to decarbonised energy must be managed and orderly," Stevens said. "Simply shutting down oil and gas is not viable. We recognise the reality that even as net zero objectives are pursued, the world will need carbon-based ...

Australia could gain $190bn windfall as Trump snubs net zero

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025  |  NEWS
... American companies - are forging ahead with plans to keep growing renewable energy and cut climate pollution from coal, oil and gas. The report found that China has been ramping up its sway towards cleaner energy with emissions falling in the first half ...

Alliance formed to demand polluters pay their 'fair share'

MATTHEW WAI  |  MONDAY, 18 AUG 2025  |  NEWS
... legislation to hold fossil fuel companies accountable for increased climate risks. According to the organisation, coal, oil and gas corporations, which are responsible for up to three quarters of Australia's climate pollution, take billions in government ...

CBA slashes oil and gas financing

KARREN VERGARA  |  FRIDAY, 15 AUG 2025  |  NEWS
Market Forces has commended Commonwealth Bank for slashing its financing for oil and gas from $3.3 billion in 2022 to $800 million in the last financial year and is pressuring the other major banks to follow suit. Morgan Pickett, a policy analyst at ...

Authorities are now accountable for caused climate damage

MATTHEW WAI  |  THURSDAY, 24 JUL 2025  |  NEWS
... communities in Australia and across the Pacific pay the price," Delaney continued. "The government must make big coal, oil and gas corporations pay their fair share for the damage they are causing, and support communities harmed by climate-driven disasters. ...

Australian Ethical puts Macquarie on notice

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025  |  NEWS
... By contrast, the ethical investment manager said all four major Australian banks have made the ongoing finance of oil and gas sector companies conditional on those companies having climate transition plans in place. "Macquarie's disclosures also do not ...

Activist investor hires distribution lead

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025  |  NEWS
... investors. Its latest targets include Southern Cross Media Group, Magellan Financial Group, COG Financial Services and oil and gas explorer Karoon Energy - all now facing pressure from the vocal shareholder. Sandon oversees about $220 million in asse ...

Hollywood heavyweights call on pension fund to divest fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025  |  NEWS
... Retire Big Oil campaign. The campaign asks the US$5 billion ($7.7bn) SAG-Producers Pension Plan to phase out its coal, oil and gas holdings. It notes that while many public and private pension funds the world over have committed to divestment, just 0.2% ...