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SINGAPORE: Singapore bank DBS Group said on Friday it would phase out financing for customers that derived revenue from thermal coal and had committed to zero exposure to the sector by 2039.
IN upsetting everyone’s best-laid plans, the pandemic has made us aware of the fallibility of our single-minded pursuit of peak efficiency.
SYDNEY (Reuters) -The bodies of two men were found in Australia on Wednesday in cars trapped in floodwaters, the first deaths linked to wild weather in recent days that has submerged houses, swept away livestock and cut off entire towns.
MELBOURNE (Reuters) - A class action against a coal mine extension that begins on Tuesday could make it more difficult for coal mines to be approved in Australia on the basis of intergenerational equity and climate change, if the claimants prove successful.
A PERFECT storm of freezing temperatures and a supply-led gas price rally has stoked thermal coal demand, with prices at multi-year highs, reminding power suppliers and consumers that its appeal won’t fade in a straight line.
Indonesia records 12,800 Covid-19 cases in highest daily spike; govt to revise royalty rates on coal, gold in bid to boost revenue
JAKARTA, Jan 15 (Agencies): Indonesia reported 12,818 new confirmed cases of Covid-19 on Friday, a record single-day rise since the coronavirus outbreak in the South-East Asian country, bringing its total tally to 882,418.
BEIJING/YIWU: China's harsh winter and stunning manufacturing recovery this year have pushed up electricity demand across the country's industrial belt, complicating Beijing's drive to cut businesses' power usage and their reliance on polluting coal-fired energy.
PETALING JAYA: CIMB Group Holdings Bhd is committed to phasing out coal from its portfolio by 2040 in support of Bank Negara’s agenda to build climate resilience within the Malaysian financial sector.
KUALA LUMPUR: CIMB Group Holdings Bhd will phase phase out coal from its portfolio by 2040 under its first Coal Sector Guide issued on Tuesday, starting next year and it would be across the group in all its operating markets.
SINGAPORE, Nov 28 (Reuters): China will buy US$1.467 billion worth of thermal coal from Indonesia next year, the Indonesian Coal Mining Association (APBI) said earlier this week.