Meet the new bank of choice for Australian coal miners – Jefferies Group
Market Forces » Coal
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3w ago
28 March 2024 Today is the annual general meeting of Jefferies Group, one of Whitehaven Coal’s most recent bankers. In the last few years, Jefferies has come up as a new bank of choice for other Australian coal companies in Australia.  We first took note of the ..read more
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Japan should lead the way on disclosure of climate risk
Market Forces » Coal
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2M ago
Japan should lead the way on disclosure of climate risk OPINION | Sachiko Suzuki, Asia climate and energy analyst for Market Forces, a Melbourne-based initiative researching the financing of environmentally destructive projects. Profusion of standards has allowed companies to obscure potential financial impact These days ..read more
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2023 Coal Season Wrap up
Market Forces » Coal
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4M ago
The year 2023 saw the Australian coal industry become increasingly financially ostracised. As the rest of the world transitions away from the dirtiest fossil fuel, coal miners have to look further afield for funding which once came easily. Our movement has put ..read more
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Banks and regulators must smell the smoke: Coal is not a transition fuel
Market Forces » Coal
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7M ago
OPINION | Binbin Mariana, Energy Finance Campaigner at Market Forces in Jakarta, Indonesia. A former banker, Ms Mariana believes financial institutions have a duty to prevent the climate crisis. Indonesia is at a crossroads on climate change. Extreme disasters are skyrocketing across the country and in every corner of the ..read more
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Super funds can stop fuelling the climate change fire
Market Forces » Coal
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10M ago
OPINION | Brett Morgan, Superannuation Funds Campaigner At long last, some superannuation funds are taking a stand to end investment in companies expanding fossil fuels. Yet most funds are prolonging the life of industries that are driving us towards irreversible climate collapse. Most Australians may not realise but they are ..read more
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Malaysian banks need to dump coal for a safer climate
Market Forces » Coal
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10M ago
OPINION | Nabilla Gunawan, Indonesia Campaigner Everyday, I see thick, grey smog across Jakarta’s skyline. I see this coal pollution that kills people in my city, Jakarta. The climate crisis is much more than a distant concern on the horizon. Millions of people across Asia are feeling the full force ..read more
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Pressure on Asian companies reaches boiling point for climate action 
Market Forces » Coal
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10M ago
OPINION | Koh Matsuki CEO, Proxy Watcher Some of Japan’s biggest energy and resources companies are pushing full steam ahead to expand fossil fuel projects across Asia. But banks across Asia and corporate Japan – including Mitsubishi, Mizuho Bank and J-Power – are feeling the heat from major investors calling ..read more
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Why super funds need to get out of fossil fuels
Market Forces » Coal
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10M ago
OPINION | Jo Dodds, President of Bushfire Survivors for Climate Action Over recent weeks, bushfires have been raging across the country in NSW, Victoria and Central Australia, and it’s deeply troubling. I’m worried for everyone near the fires. It’s particularly stressful for anyone who has survived other fires in recent ..read more
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Indonesia’s Just Energy Transition must be transparent and green
Market Forces » Coal
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10M ago
OPINION | Andri Prasetiyo, Senior Researcher at Senik Centre Asia and Nabilla Gunawan, Indonesia Energy Finance Campaigner at Market Forces The Just Energy Transition Partnership (JETP) between Indonesia and its major trading partners is at risk of stifling Indonesia’s coal phase-out progress if it does not provide a clear-cut definition ..read more
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More than 20% of Whitehaven shareholders reject climate-wrecking new coal plans
Market Forces » Coal
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1y ago
26 October 2022 Whitehaven Coal faced backlash from big investors and community members both inside and outside its annual general meeting, held in Sydney today.  Despite record coal prices and company profits, more than a fifth of Whitehaven’s shareholders demanded the company stop expanding and start managing down coal mining ..read more
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