Bioenergy Australia calls for new industry to transition Australia away from fossil

China’s purported ban on Australian coal in late February – that was simultaneously confirmed and denied by Chinese authorities – and the significant moves from the banking and investment sector to move away from fossil fuels, as well as major players like Glencore and BHP bowing to investor and environmental pressure to shift from coal, are giving the sector some thought.

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Are coal’s days numbered?

Over 100 global financial institutions are exiting coal, with more to come every two weeks a bank, insurer or lender announces new restrictions on coal. Tim Buckley, Director of Energy Finance Studies, Australasia IEEFA, looks at the reasons behind it and future implications for coal.

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