Investors Dump Coal: In conversation with Tim Buckley and Bob Carr

A striking development has occurred in the world of corporate finance. The past few months have seen a string of corporations divest from thermal coal...

starting with US investment giant BlackRock and extending to Japan’s Mizuho and the Norwegian Government Pension Fund.  A trend is setting in and coal is being dumped all over the world.

It’s not just the focus on climate. It’s economics. Coal is no longer a safe investment.

Bob Carr talks with Tim Buckley, Director of Energy Finance Studies, Australia/South Asia at the Institute for Energy Economics & Financial Analysis (Australia).  They explore the financial impetus behind the sudden move from coal and its implications across Asia and Australia.

Source:  https://uts4climate.uts.edu.au/tim-buckley/