IEEFA Update: Global capital flight from thermal coal and the coal-fired power sector is already at a canter in 2020.

BlackRock’s January announcement of its divestment from thermal coal is huge, and an unexpected move by this global giant (US$7 trillion assets under management (AuM), given the asset manager’s entrenchment as a climate action laggard.

Newcastle local and former NSW Nationals State Director Ross Cadell has joined Port of Newcastle at a critical time for the diversification of the Hunter economy and its international trade gateway. Mr Cadell begins as Special Projects Director on 3 February, leading the political and regional stakeholder engagement efforts as the Port works alongside all levels of government to advance key infrastructure projects that will future-proof the local, state and national economies.

Multimillionaire cosmetic surgeon and Australia’s largest private hotel owner Jerry Schwartz has embarked on a new project – a $10 million solar farm in the NSW Hunter Valley.

The Hunter Region is fast becoming a powerhouse for large-scale renewable energy projects that will help drive the region's transition from coal to a low-carbon economy.

Editorial - Mudgee Guardian 17th October 2019: What will the Mudgee region do after mining?

The strongest arguments posed by those who want a continuation of coal mining and coal fired power stations in the Hunter are where will the existing workforce in these two industries find such well paid jobs and what will be the economic driver of the region if not thermal coal?

THE Federal and NSW governments are under pressure over the lack of planning for the Hunter region's transition from coal after submissions from councils, trade unions, environment groups, Lake Macquarie MP Greg Piper and the Port of Newcastle calling for government action.

HUNTER coal mines are competing in an "oversupplied" global market that will see Australia's thermal coal export earnings slump from $26 billion in 2018-19 to a projected $18 billion by 2020-21, says a two-year forecast by the Federal Government's Office of the Chief Economist.