UniSuper fossil fuel exposure cut ‘not enough’
UniSuper has reduced its fund’s economic exposure to fossil fuels from 2.8 per cent last year to 2.3 per cent but that’s not enough for environmental lobby group Market Forces.
Climate Change
Intercontinental’s $180m raising to fire up hydrogen project
Intercontinental Energy, the developer behind one of Australia’s largest proposed green energy projects, will fast track construction after raising nearly $180m to cash in on hydrogen demand.
Telstra Ventures leads $33m raising for renewable energy trader
Rapidly rising carbon levels are ‘frightening the living daylights’ out of Telstra’s venture capital arm. Here is what the fund is doing about it.
Jim’s $1.8bn warning to Aussies
Climate change could cost billions of dollars over the coming decades, the Treasurer has warned.
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Climate disaster costs to hit $73bn
Deloitte has warned insurance costs are set to explode as extreme weather worsens natural catastrophe damages.
Big polluters join net zero carbon push
Big cement makers and aluminium producers have joined the rush to set targets for net zero emissions by 2050.
Macquarie chief calls for faster green energy shift
Macquarie CEO Shemara Wikramanayake says renewables are now the cheapest form of new generation in almost every part of the world.
Emerging Victorian disaster must keep PM at home
How could PM Scott Morrison even contemplate attending the Glasgow climate change summit when he may be needed to lead the response to a developing Covid crisis in Victoria.
Super funds turn up the temperature
The nation’s $3.3 trillion superannuation sector will play a key role in engaging with business in the shift to net zero emissions.
‘No’ vote urged on BHP climate plan
Proxy adviser CGI Glass Lewis recommends shareholders reject BHP’s climate transition plan, saying it’s unclear if the targets are science-based.
$19bn fund bid to pump up hydrogen
Australian hydrogen developers want the Morrison government to create a $19bn Net Zero fund to kickstart use of the fuel in heavy industries.
Acting PM’s bizarre ‘early settlers’ comment
Deputy prime minister and Nationals leader Barnaby Joyce has made an odd reference when quizzed about coal jobs and a potential net zero target.
Climate targets ‘will trigger investment wave’
Funds controlling trillions of dollars in assets say they need the certainty of long-term climate targets before they commit to large-scale investment.
Barnaby’s surprise shift on net zero
Barnaby Joyce has staged a surprising shift over adopting a net-zero emissions target, but there are some strings attached.
Original URL: https://www.heraldsun.com.au/topics/climate-change/page/147