Initial engagement will focus on carbon risk and coal at banks and coal-exposed power companies, the group of investors, facilitated by Singapore-based advisor Asia Research & Engagement (ARE), said in a statement. MELBOURNE : A group of six investors with a combined $4 trillion of assets under management, including Fidelity International, said on Wednesday it […]
Renewables surged in 2020 but world not yet on track for climate goals, BP says
Last year witnessed the biggest fall in carbon emissions in more than 75 years, putting the world closer to the path needed to hit a target of keeping global warming below 2 degrees Celsius this century, BP’s 2020 Statistical Review said. London : Wind and solar power capacity expanded rapidly in 2020 while global energy […]
UK needs to install electric car chargers five times faster to hit goals
EV charger installations in UK need to increase to 35,000 points a year, from 7,000 now, according to a report by the Policy Exchange think tank. Getting the charging infrastructure ready quickly enough is a challenge around the world. Britain will need to install electric-vehicle charging points five times faster during this decade to prepare […]
