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...It was “absurd” that the summit’s host Kenyan president William Ruto did not demand more payments from the Global North “for the years of devastation they have caused on our lands”, she added....
...Many banks have made net zero commitments on carbon emissions and cut financing for coal and other carbon-intensive projects, but campaigners say they continue to support fossil fuels via general corporate...
...A version of this article was first published by Nikkei Asia on June 30. ©2023 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on February 3 2023. ©2023 Nikkei Inc. All rights reserved....
...Mighty Earth, another environmental campaign organisation, has also pressured United Tractors, an Astra International subsidiary involved in thermal coal, over its investment in Indonesia’s Martabe gold...
...A downturn in the country’s steel and coal industries in the 1990s and early 2000s battered its economy....
...A version of this article was first published by Nikkei Asia on August 31, 2022. ©2022 Nikkei Inc. All rights reserved....
...Brookfield also did the rounds of government to press for the bid’s prospects Yet the charm offensive for the bid failed to land in two key places: the company’s boardroom and Canberra....
...The measures used by the super-rich to disguise ownership date back to the Middle Ages, when noblemen fighting wars overseas placed their land in trusts, while retaining rights to use the land and benefiting...
...Netflix’s push triggered an industry-wide land grab in which every company had to spend big to win....
...Sri Lanka, meanwhile, has bought discounted coal from the Singapore unit of Russian coal trader SUEK AG, according to a Reuters report in late March....
...“They don’t need to worry about the price of coal going up or down.”...
...A minister in Morrison’s cabinet also recently dismissed the UN’s attempt to wind down coal usage, adding that coal would remain a major part of the Australian economy “well beyond 2030”....
...Plantations operators sometimes destroy rainforest or wrest land from small farmers....
...Indonesia emits massive amounts of pollution from fires lit to clear land for plantations....
...I mean, from the customers you're talking to, are they concerned that China Inc, as it were, has cornered the market for battery materials?...
...The powerful coal industry retains strong support from the government and the Murdoch-owned press is often hostile to environmental reforms but pressure is building on local pension funds and asset managers...
...We also recognise that coal used to make steel is less taboo for many investors than “thermal” coal used for power generation....
...An investor concerned with climate might look at their portfolio and see a company with a factory on a relatively elevated piece of land, and think they will be insulated from damage wrought by rising sea...
...They require huge amounts of land, costly transfers of energy over long distances, cause their own environmental problems, and depend on sun and wind that deliver their blessings independent of human need...
...A version of this article was first published by the Nikkei Asian Review on September 16 2020. ©2020 Nikkei Inc. All rights reserved....
...Regardless, it was the land that mattered....
...A version of this article was first published by the Nikkei Asian Review on December 11 2019. @2019 Nikkei Inc. All rights reserved....
...The authorities include the British Geological Survey, Coal Authority, Land Registry, Ordnance Survey, Hydrographic Office and Valuation Office Agency and will be used to improve access to data sets, link...
...The sale is expected to reduce American Media Inc’s debt to $355m....
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