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  / Helen Clark /  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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.