Insurer QBE reviewed its exposure to climate litigation in 2019 and will invest more than US$1 billion in renewables and environmental initiatives by 2025, according to its latest annual report.
The coal, oil and gas industries are unlikely to be able to adapt quickly enough to survive, former environment minister Peter Garrett and Australia-based environmentalist Paul Gilding said today.
Prime Minister Scott Morrison today undertook to stop activists undermining the coal mining industry and prevent them using similar tactics against other big emitters.
Shareholder resolutions filed today with three banks criticise their loans to companies such as Woodside and Whitehaven Coal, and say their TCFD disclosures are inadequate.