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LONDON: Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global climate change commitments, but now comes the hard part – finding ways to exclude coal from bulk-buy contracts, known as “treaty” reinsurance.
No more new work as it contributes to climate crisis
THE bullish shine surrounding commodities may have lost some of its lustre, with imports in May by top buyer China looking unimpressive, and far from levels associated with a new supercycle.
Indonesia aims to increase the proportion of renewable power in its 2021-2030 national electricity plan to at least 48%, from 30% in the 2019-2028 plan, a senior energy ministry official said on Friday.
Indonesia won’t approve any more new coal-fired power plants as it steps up efforts to reduce carbon emissions.
Top thermal coal exporter Indonesia is planning to retire its coal-fired power plants gradually, in a phased move towards becoming carbon neutral, an official from the country's state utility, Perusahaan Listrik Negara (PLN).
IN the newly updated Malaysian Code of Corporate Governance 2021 (MCCG 2021), the sustainability issue has taken centrestage with the whole of Practice 4.0 being devoted to it. Four sub-paras discuss board responsibility in respect of sustainable strategies, priorities and targets.
CHINA is turning to its state-owned coal power companies to helm the next stage of the country’s renewables push, as the sector becomes less attractive to other investors.
THE global rally in commodities has seen some like copper and iron ore probe record highs, but when it comes to the companies producing natural resources the gains in their share prices have been largely lagging and uneven.
Indonesia to stop LPG and fuel imports by 2030; govt reports 4,394 new Covid-19 cases for 1,677,274-total
Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official has confirmed.