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Showing 81 - 90 of 636 results for "gas"

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
... Engagement Program (AUEP). The common agenda for engagement focuses on governance, decarbonisation strategies with coal and gas phase-out timelines, disclosures, physical risks and public policy engagement. Investor engagement has seen growing support ...

Ethical investments recover performance: Chant West

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... During the previous year ESG options underperformed due to macroeconomic factors - they did not benefit from soaring oil and gas prices, while their non-ethical peers reaped the advantages of the war in Ukraine. However, ethical funds now seem to be ...

ARENA backs hydrogen electrolyser startup

RACHEL ALEMBAKIS  |  TUESDAY, 15 AUG 2023  |  NEWS
The Australian Renewable Energy Agency (ARENA) will allocate nearly $21 million to a hydrogen elctrolyser technology startup that was spun out of ARENA research. The Wollongong-based Hysata will develop and test a 5 MW unit at their new manufacturing ...

Woodside sells 10% of $16.5b Scarborough LNG to Japan investors

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
... Two prominent Japanese investors are set to acquire a 10% stake in Woodside's controversial WA Scarborough liquid natural gas (LNG) project for US$880. The equal partners will function both as customers and collaborators, exploring new energy prospects. ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... dairy factories by half by 2030 through up to $90 million from the GIDI Fund. The Ardern government banned offshore oil and gas exploration in 2018. Prime Minister Chris Hipkins said the deal "proves again that we can grow our economy while we lower ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... ShareAction in June found the world's largest 77 asset managers are continuing to invest in companies that are expanding oil and gas production and not investing enough in new low-carbon energy opportunities to meet climate targets. Only ten of the 77 ...

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... industries since the start of its decarbonisation process, including holdings in Woodside and Santos and others in the oil and gas exploration and production industry. The divestment from oil and gas companies was based on calculations relating to stranded ...

Report sounds alarm on data centre climate risks

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... International Energy Agency, data centres and data transmission networks accounted for 0.9% of global energy-related greenhouse gas (GHG) emissions. However, the strong growth in demand for data, including the use of artificial intelligence, points to ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... bonds exposed investor funds to investments which had ties to fossil fuels, including those with activities linked to oil and gas exploration, highlighting investments in Abu Dhabi Crude Oil Pipeline LLC (ADCOP), Chevron Phillips Chemical Co. LLC, Colonial ...

Australia releases "first ever" statement on climate in ag

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 13 JUL 2023  |  NEWS
... shift to low emissions, as well as global leadership. In 2021 agriculture produced 16.8% of Australia's net greenhouse gas emissions and ABARES estimates that changes in seasonal conditions from 2001 to 2020 have reduced annual average farm profits ...