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Showing 111 - 120 of 1063 results for "coal"

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
The government's Treasury review into the operation of the Your Future, Your Super (YFYS) laws and MySuper performance tests has had a mixed reception. Assistant treasurer and minister for financial services Stephen Jones said the government is ...

Companies' ESG efforts improve

CASSANDRA BALDINI  |  THURSDAY, 7 JUL 2022
... promote. Despite the impact of the war in Ukraine and an increase in the immediate demand for substitute fossil fuels (including coal) to alleviate higher prices, analysts noted many areas of progress. For example, a higher number reported that the companies ...

Vanguard appoints head of ESG product

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
... actions on climate have included divesting from companies generate over 10% of their revenue from the extraction of thermal coal, setting the goal that their 50 largest Australian investments set Paris-aligned operational targets by the end of 2021 ...

Tomorrow belongs to those who hear it coming: ASI

CHLOE WALKER  |  TUESDAY, 14 JUN 2022
... by the Russian/Ukrainian supply issues," Suter said. "It seems to me that we can develop a whole range of new industries. "Coal and iron can keep us going for a while, but coal is becoming a bit of a difficult export commodity. We need to be developing ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... its proposal to split the energy provider into two separate businesses - AGL Australia (retail business) and Accel Energy (coal and gas-fired power plants.) The decision was made due to a lack of confidence that a 75% approval would be gained when it ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... year from 2024. The bill applies to publicly-owned companies expected to contribute the highest future emissions from their coal, oil, and gas reserves. This bill follows previous legislation passed in 2015 that saw the funds forced to divest thermal ...

HESTA opposes AGL demerger

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
... meet Paris-aligned targets, nor manage the risk of stranded assets," HESTA said. It said a stand-alone company owning AGL's coal-fired power plants risks making it more difficult for the nation to transition to a low-carbon future. "We believe this company ...

Beware super home buyer collateral damage: ISA

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
The Coalition's super home buyer proposal could leave thousands worse off, even if they don't access the scheme, Industry Super Australia (ISA) has said. ISA said that under the super home buyer scheme, funds would be forced to carry more cash. As cash ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
At first glance, the government's superannuation plan for homebuyers seemed a compelling proposition, but concrete analysis has revealed that at best it's only a marginal measure. The Financial Planning Association of Australia (FPA) has applauded both ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Homeownership rates have plummeted, but unions and industry groups have had a negative response to Scott Morrison's last-ditch pitch to 'aspirational Australians'. Morrison has said that supporting first home buyers is a key part of his government's ...