In a significant development, the World Bank’s private-sector arm has introduced new climate change specific conditions, which encourages commercial banks and other financial lenders to wind down support for coal projects in Asia and Africa. The International Finance Corporation (IFC),… Read More ›
Poland decision is likely to enable it to meet EU’s CO2 emission reduction targets, and improve its ties with Brussels while creating green energy jobs in the country. According to sources familiar with the matter at hand, Poland’s state-controlled PGE… Read More ›
The support for renewable energy in the Trump Administration is bipartisan. U.S. President Donald Trump’s winning last year’s U.S. elections had largely resulted in investors pulling out nearly $68 million from “green” mutual funds, reflecting the belief that his pro-coal… Read More ›
Oddly Peabody’s bankruptcy comes at a time when the Donald Trump Administration is giving the fossil fuel industry the go ahead. The world’s largest private sector coal producer, Peabody Energy Corp, has disclosed that it expects to file bankruptcy under… Read More ›
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