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Showing 81 - 90 of 494 results for "coal"

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... Fund excluded companies that "derive 5% or more of their total annual revenues (either reported or estimated) from thermal coal-based power generation" and have a score of 3 or 4 in the low carbon transition management score quartile. Northern Trust ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... does not include the previous draft's language on "phase out" of fossil fuels. The text mentions "fossil fuel" three times, "coal" twice, and does not mention oil and gas. It now states to "phase down" and "reduce" fossil fuels. A paragraph on eliminating ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
The Australian government has announced it will rejoin the global Green Climate Fund with an initial contribution of $50 million, and allocate $100 million to the Pacific Resilience Facility, to help developing countries transition their economies to ...

Here's what happened at COP28 so far

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... only the second time at a COP, and several emerging economies launched carbon market initiatives. COP28: Countries tackle coal as President claims "no science" behind phase-out During the first week of the COP28 climate summit in Dubai, Australia and ...

COP28: Australia signs Glasgow statement to end public finance for fossil fuels

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... Research Centre. This comes as Australia and other countries pledged to reduce emissions including methane, non-CO2 gasses and coal, during the first week of COP28. Australia's decision to sign the CETP comes after a group of nine Pacific Island civil ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... in Dubai, Australia and other countries outlined new commitments to reduce emissions including methane, non-CO2 gasses and coal. Several countries and major corporations expressed interest in using carbon credits to phase out coal globally. Australia ...

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... Interconnected System). The CIS replaced the Morrison/Taylor LNP government's capacity mechanism, designed to prolong the operation of coal-fired power generation. CIS explicitly excludes methane gas peaking power plants. The Australian Pipelines and ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
... to sustainability" because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal. Exclusions were also stated to apply to companies involved in alcohol production and gambling. ASIC has also issued a series ...

A portfolio approach for renewable investment: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... six areas for action - a carbon budget for the electricity sector; national coordination of the transition to accelerate coal powered generation closures and renewables roll out; investment in long duration storage; support for offshore wind development ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... respect to exchange traded government bonds", he said. This follows the recent dismissal of a Federal Court challenge to two coal mine developments. In the "living wonders" case, the Environment Council of Central Queensland, represented by Environmental ...