je.st
news
UK major parties vow to shut down coal, Australia should follow
2015-02-14 17:23:00| Climate Ark Climate Change & Global Warming Newsfeed
Renew Economy: Todays announcement from the United Kingdom that the British Prime Minister -- with agreement from other major parties -- has agreed to phase out all unabated coal fired generation is further evidence that developed countries are increasingly recognising the need to transition electricity markets from coal. This is another warning to investors on the increasing financial risks of stranded assets. Coal mining and the associated infrastructure assets are at risk, as are the Governments who continue...
Tags: major
follow
australia
parties
Category:Electronics and Electrical