Breaking News:

X


Skip to main content

Insurance giant Suncorp says it will no longer cover new thermal coal projects

Activists say move means there are now no Australian insurers willing to underwrite new thermal coal developments

Australian insurance giant Suncorp will no longer insure new thermal coal mines and power plants, and will not underwrite any existing thermal coal projects after 2025.

This is the latest in a series of pledges by banks and financial services companies that they will not support projects that mine or burn coal used for electricity generation, in line with the goals of the 2015 Paris climate agreement.

Continue reading...

from World news | The Guardian https://ift.tt/2MewndZ
Labels:

Comments

Post a Comment

Popular posts from this blog

Australia cast itself as the hero of East Timor. But it was US military might that got troops in | Paul Daley

Newly released diplomatic cables show the realpolitik behind the scenes as Indonesian militias prepared to torch Dili Australia’s precise role in bringing independence to Timor-Leste two decades ago continues to simmer as unsettled business at the heart of modern Australian diplomatic and military history. Twenty years is the blink of an eye, of course. And my memories of having a front-row seat on the Australian domestic politics, and the diplomatic and military movements preceding and following the East Timorese autonomy ballot, are vivid. Continue reading... from World news | The Guardian https://ift.tt/2HxB0Ni
Post a Comment
Read more

Trump says Hispanic adviser 'looks more like a Wasp than I do'

President asks CNN commentator Steve Cortes whether he loves US or Hispanics more at New Mexico rally At a rally in New Mexico, Donald Trump implied that one of his supporters was too light-skinned to be Hispanic. The US president said of Steve Cortes, a member of his Hispanic advisory council: “He happens to be Hispanic, but I’ve never quite figured it out, because he looks more like a Wasp than I do.” Continue reading... from World news | The Guardian https://ift.tt/31qCz7G
Post a Comment
Read more