Asia Pacific > Banks and retirement funds back petroleum, ditch thermal coal

Banks and retirement funds back petroleum, ditch thermal coal

Published 11:58 on September 14, 2023  /  Last updated at 11:58 on September 14, 2023  / /  Asia Pacific, Australia

Banks and Australian superannuation funds are no longer interested in backing thermal coal companies but see a longer shelf life for oil and gas companies given it is an energy source that will continue to have a role in the energy mix.
Banks and Australian superannuation funds are no longer interested in backing thermal coal companies but see a longer shelf life for oil and gas companies given it is an energy source that will continue to have a role in the energy mix.


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