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Showing 41 - 50 of 494 results for "coal"

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... Australia: We need gas." Buckley argues Woodside is "parroting the convenient spin that methane gas is lower emissions than coal, ignoring that methane are almost 100% more emissions intensive as wind, solar, hydro and nuclear energy. "LNG is far more ...

UBS passive strategies flagged on human rights

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
A human rights complaint against UBS follows legal precedent that financiers are responsible for acting on human rights in passive index funds. The Swiss human rights watchdog accepted a complaint against UBS for holdings in private prison contractors ...

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... 2030 50% reduction in total portfolio carbon footprint by 2030 Exclusions on controversial weapons Exclusions on thermal coal and fossil fuel-related activities The SBO will no longer target investment managers expected to deliver lower carbon emissions ...

Fossil-fuel engagements require flexibility, not confrontation

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... out their core business. For example, Greenpeace Australia Pacific played a key role in urging AGL to bring forward their coal closure deadlines to 2035, 13 years earlier than originally planned. The nonprofit campaigned for over 18 months and won against ...

Net zero dreams float on unscaled tech

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... carbon dioxide annually. Australia needs to triple its renewable energy capacity in five years and shut down all unabated coal and almost all unabated gas in the next ten years. 290 gigawatts of wind and solar capacity should be installed by 2050, as ...

Podcast: Nuclear power in Australia's energy transition with Jai Mirchandani

THE GREENER WAY  |  TUESDAY, 20 AUG 2024  |  NEWS
... the world's electricity. The Coalition's plan to build seven nuclear power plants to replace Australia's ageing coal-fired power stations and to abandon the government's 2030 net zero target has been receiving plenty of attention. Is ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
The once-largest fossil fuel lender has changed tack to become the first of the big banks to formally cut ties with coal, oil and gas without credible transition plans, ahead of schedule. Last year, Commonwealth Bank announced that from 2025 it would ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... which Mercer is the trustee. The options promised to exclude companies involved in carbon intensive fossil fuels like thermal coal, alcohol production and gambling. They were promoted as suitable for members who "are deeply committed to sustainability". ...

Gender lens investing to receive $1.5bn injection

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
ANZ bank, fund manager Nuveen and the Australian Department of Finance and Trade (DFAT) are part of a steering committee backing Indonesia's move to raise $1.5 billion in gender-based capital by next year. The agreement was struck at a roundtable meeting ...

Olympics flame sparks $10bn pledge to sports equality

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
International development banks pledge $10 billion to promote the United Nations' Sustainable Development Goals (SDGs) in sports. This comes as the Paris Summer Olympics kick off, with the opening ceremony held on Friday. The inaugural Sport for ...