At the UN climate summit in New York today, institutional investors managing $24 trillion of assets are demanding stronger, more ambitious policies on climate change, writes Kieran Cooke. These include an effective carbon price and an end to fossil fuel subsidies.
… | 23rd September 2014 News Climate Change UK Finance Fossil Fuels Renewables … statement comes amid growing concern in the finance sector about the economic consequences …
Increased production from US fracking operations is a major reason for the drop in oil prices, writes Kieran Cooke. But there are warnings that the industry now faces an existential crisis from which it may never recover, as the financial sector faces the prospect of worthless shares and $100s of billions of defaulted debt.
… | 7th January 2015 News Oil Fracking Gas Finance Energy … bleak for the thousands of smaller, less well-financed companies who rushed into the …
China is by far the world's biggest producer of solar panels, writes Kieran Cooke. But the industry is suffering from over-capacity, razor thin profits and a failure to innovate.
… according to the Bloomberg New Energy Finance research group, China now sells solar …
Higher oil production and falling demand are creating big problems for the fossil fuel industry, writes Kieran Cooke. Risk-averse investors, spooked by drastic oil price falls, are turning away from the sector in search of more secure returns.
Improved technology and falling costs are moving electric car sales into the fast lane as manufacturers seek achieve significant economies of scale, writes Kieran Cooke. And now China is leading the EV charge with its plans for 5 million plug-in vehicles by 2020.
… electric car market by Bloomberg New Energy Finance . The report says that even if petrol …
Australia has been growing rich from exporting coal to China. But as Kieran Cooke reports, China's renewable energy revolution may soon bring the 'good times' to an end.
… impact on both federal and state government finances. The state of Queensland alone - the …