The Adaro Blog
Credit Suisse to stop financing new coal-fired power plants
December 11, 2019, 5:20 pm
ZURICH — Credit Suisse will stop financing the development of new coal-fired power plants, Switzerland’s second-biggest bank said, a week after environmental groups urged it to act.
“The bank has decided to no longer provide any form of financing specifically related to the...
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...
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