China coal shift a body blow to Australian coal

22 September 2021 Overnight, Chinese President Xi Jinping announced to the United Nations General Assembly that China “will not build new coal-fired power projects abroad”. The statement follows similar announcements made earlier this year by Japan and South Korea.  Since 2013, 65% of global public finance for coal power stations … Read More

US$2.2 trillion investor PIMCO bans Adani Ports

22 March One of the world’s largest investors, PIMCO, has banned future investment in Adani Ports and Special Economic Zone (Adani Ports) due to the company’s role in the controversial Adani Carmichael coal project in Australia.  PIMCO, which manages US$2.21 trillion, did not participate in the most recent bond issue … Read More