The Adaro Blog
HSBC, StanChart Help Keep Coal Industry Alive, Says Greenpeace
December 5, 2019, 8:00 pm
(Bloomberg) -- Four British banks have provided $31.8 billion of financing to coal companies in the past three years, even as they publicly moved away from doing business with some of the fossil-fuel industry, according to Greenpeace.
The environmental group said Barclays Plc, HSBC Holdings Plc,...
3 S. Korean institutional investors declare end to coal exposure
December 3, 2019, 7:07 pm
Three South Korean institutional investors on Dec. 3 declared an end to coal exposure in their portfolios.
This comes in line with the global push for responsible investment principles, such as environmental, social and governance criteria.
DB Insurance, the Korea Teachers’ Credit Union...
Report: Global Coal-Fired Generation Down 3%
November 26, 2019, 7:30 pm
A report from a UK-based online journal that covers climate and energy policy said that coal-fired power generation worldwide will fall by 3% this year, to about 54% of global electricity output.
The report from Carbon Brief, released Nov. 25, was written by researchers from climate research...
Coal power set for record fall in 2019: analysis
November 25, 2019, 7:00 pm
Global coal-fired power, a key driver of climate change, is set to fall a record 3.0 percent this year, largely led by developed countries although much-criticised China and India play their part too, analysis showed Monday.
This "historic" drop would be equal to 300 Terawatt hours...
Australia must stop burning coal by 2030: report
November 22, 2019, 8:03 pm
SYDNEY, Nov. 22 (Xinhua) -- A new international report has warned that Australia must stop burning coal before the end of 2030, if it wants to meet its commitment to the Paris Agreement.
Agreeing to cap the rate of climate change at 1.5 degrees Celsius above pre-industrial levels, Climate...
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