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...“Even though we don’t use coal, we don’t use gas, we still import oil from our friends in Norway,” former finance minister Thórdís Kolbrún Reykfjörd Gylfadóttir told Moral Money....
...We got coal in our stockings so far . . . There’s still a very narrow market leadership on full display.” The S&P 500 is up 4 per cent year to date....
...Recently, restrictive shareholder proposals that called on banks to halt coal financing had not seen much success, Kosmas Papadopoulos, an executive director at ISS-Corporate, told me....
...He also dreads the dark, which is why, one night, Dark — personified as a hooded coal-grey giant — invites him on a ride round the globe to watch him at work with his collaborators, who include Insomnia,...
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...If its acquisition of Teck’s coal unit is successful, Glencore plans to spin out the merged coal businesses as a separate business....
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...Brookfield had planned to use Origin as a vehicle to help lead the country’s transition from coal-powered electricity to renewable energy....
...Companies that exploit coal or “unconventional” hydrocarbons will also be off limits. The sweeping nature of the new regulations is likely to radically reshape ESG fund portfolios....
...Brookfield argues that private capital is needed for the country to rapidly reduce its reliance on coal-fired power plants for electricity if it is to meet its net zero targets....
...The Banks Group, which was founded in 1976, also develops property in the north of England and Scotland and it mined coal for more than 40 years until 2020....
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...The company accounts for a third of power generation in the country — from burning LNG and to a lesser extent coal — and its CO₂ emissions make up about 10 per cent of the Japanese total....
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...A version of this article was first published by Nikkei Asia on June 27. ©2023 Nikkei Inc. All rights reserved....
...In Indonesia, a weaker currency typically helps export-oriented companies such as coal miners and palm oil producers....
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