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Showing 71 - 80 of 494 results for "coal"

Nature taskforce announces leadership overhaul

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
The co-chair of the Taskforce on Nature-related Financial Disclosures (TNFD) has moved into a senior advisory role, alongside eight other heavyweights. The other senior advisors hail from the World Economic Forum (WEF), Global Canopy, the Green Finance ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... with its net zero pathway. Seven targeted carbon-intensive sectors are oil and gas, power generation, automotive, and steel, coal mining, cement, and shipping. This covers 54% of the bank's financed emissions. The bank is eyeing further expansion, with ...

Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
... from the Middle East is from a lower carbon footprint energy source - it's gas-fired, which is half the carbon content of coal-fired produced aluminium billet. In New Zealand, the Rio Tinto smelter in the south island is hydro-powered." Dragicevich noted ...

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... flows to technologies not fully IPCC-aligned, including thermal power such as liquid natural gas, ammonia co-firing with coal, hydrogen, and carbon capture and storage. It also encourages flows to hybrid vehicles, while maintaining a cautious outlook ...

Queensland to boost clean economy

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
... energy and industry businesses can increase investment in growing sectors. However, the state government continues to approve coal mines, the Clean Energy Council noted. "Approving new, highly polluting projects like the Winchester South coal mine undermines ...

Podcast: Speaking truth to power on climate finance

THE GREENER WAY  |  MONDAY, 5 FEB 2024  |  NEWS
... Energy Finance. Recently, Climate Energy Finance analysed the utility of using taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025, and concluded it was unnecesary as the state of NSW has made "massive ...

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
There is no need to use taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025 as the state of NSW has made "massive progress" on new renewable energy and battery capacity, according to think tank Climate ...

WEF to unlock US$2.8 tr clean energy investment in global majority nations

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
The World Economic Forum (WEF) has announced a new initiative to assist global majority nations accelerate clean energy investment solutions. The Network to Mobilize Clean Energy Investment for the Global South was founded in Davos this week to help ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... the time of publishing. In a statement regarding the launch of its sustainability report, the firm said "We have a strict coal policy and have substantially reduced our exposure to unconventional oil and gas." In May 2023, BNP Paribas announced that ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... supervisors need to take up a prominent role in directing finance away from the most environmentally harmful sectors like coal, gas and oil, and set minimum ESG expectations in financial regulation and supervision," Siti Kholifatul Rizkiah, lead author ...