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Coal feels the heat
2013-12-29 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: About US$8 trillion of known coal reserves lie beneath the earth's surface. The companies planning to mine and burn them are being targeted by the growing ranks of investors concerned with the greenhouse gases that will be made. Storebrand ASA, which manages US$74 billion of assets from Norway, sold out of 24 coal and oil-sands companies between July and November including Peabody Energy, the largest US coal producer, citing a desire to cut fossil-fuel industry holdings. Norway's opposition...
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Category:Electronics and Electrical