Coal mining firms ‘falling short’ on managing emissions

Many of the world’s leading coal mining companies are failing to effectively manage the business risks arising from climate change. That’s according to a new report from the Transition Pathway Initiative (TPI) – backed by asset owners and investors with more than £4 trillion of assets under management – which evaluated the management policies of […]

Australia approves India-backed giant coal project

Australia has approved the construction of one of the world’s largest thermal coal mines. Indian company Adani has been granted three leases by the Queensland Government for the A$21.7 billion (£11.6bn) Carmichael coal mine and rail project in the Galilee Basin. The leases are estimated to contain 11 billion tonnes of thermal coal. The proposed […]

Cameron’s “support” for open cast coal questioned

The Prime Minister stated his support for the open cast coal mining industry today but failed to explain exactly how he would do so. In the House of Commons during the Prime Minister’s Questions session David Cameron was pressed on whether he was aware of the difficulties the industry faced by Labour MP Sandra Osborne […]