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Showing 451 - 460 of 2058 results for "Energy"

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... billion in 2022 to $1.7 billion in 2024. Meanwhile, ANZ, NAB and Westpac are currently arranging a $750 million loan to energy giant Santos; according to Market Forces, CommBank is not involved. The three banks and Santos did not provide comment at time ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024  |  NEWS
... senior roles including serving as NSW Minister for Innovation and Better Regulation from 2017 to 2019, NSW Minister for Energy and Environment from 2019 to 2023, NSW Treasurer from 2021 to 2023 and Deputy Leader of the NSW Liberal Party from August 2022. ...

Energy asset owners hungry for cover

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
Energy assets present a number of particular insurance risks - from natural catastrophe exposures, to technology risks, to serial defects manifesting across replicated parts over a very large asset. Renewables developers and influential asset owners ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... shows us that financial markets rarely react well to sudden shocks or uncertainty." Increased market volatility in the energy sector, and financial markets globally, could lead to abrupt price fluctuations and liquidity challenges across asset classes ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

Australian Ethical scores gold, others fall off charts

ROSE MARY PETRASS  |  THURSDAY, 8 AUG 2024  |  NEWS
... sustainable options are as alike as a layperson might assume. Top performers benefitted from tech exposure, while clean energy lagged due to poor investor sentiment. "ESG is hard to define," Aman Ramrakha, executive director of research at Rainmaker ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... options, however, invested in 15 companies involved in the extraction or sale of carbon intensive fossil fuels, including AGL Energy, BHP Group, Glencore PLC, and Whitehaven Coal. Another 15 companies produced alcohol, including Budweiser Brewing Company ...

Quinbrook closes clean energy capital raise at $3bn

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... generators, and battery storage. This marks Quinbrook's third fund close in this past year and its fifth successive energy transition-focused fund, bringing total capital raised to more than US$4.3 bn. It follows the Low Carbon Power Fund, which ...

NZ investors to buoy positive impact funds, fears greenwashing

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
... order of importance, investors want funds that promote healthy rivers and oceans, sustainable water management, renewable energy and energy efficiency, and biodiversity. "There are a growing number of mainstream New Zealand funds with investments in ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
... Rio's actions could "rightly be perceived as greenwashing". Analyst Tim Buckley, founder and director of think tank Climate Energy Finance, said disengagement by ACCR was a powerful signal that investors need to reevaluate their trust in emissions-intensive ...