Sentences with phrase «sell coal assets»
The economic case for selling coal assets and investing instead in the transition to a low - carbon economy is strong today, and likely to become more robust in the immediate future for three reasons.
https://www.algore.com/ Not exact matches
NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.
Barnaby Joyce has given conditional backing to Rio Tinto's decision to sell coal mining assets to Chinese controlled miner Yancoal.
Deputy Prime Minister Barnaby Joyce has given conditional backing to Rio Tinto's decision to sell two of its major Australian coal mining assets to Chinese controlled miner Yancoal which is yet to gain Foreign Investment Review Board approval.
Rio Tinto has decided to sell off some of its assets, including its thermal coal facilities.
The coal industries have to sell off their stranded assets to somebody, after all.
This summer the Swedish company sold its German coal - related assets to the Czech company Energeticky a Prumyslovy Holding AS and PFF Investments Ltd..
«It's not like power supply of the past where you had a bunch of nuclear power plants, a couple coal plants and some gas - fired generation with the odd renewable asset thrown in, and then a jumbled mix of grey and green power being sold at the consumer end,» says Uli Suedhoff, a director at GE Renewable Energy in Europe.
His principal goals are to encourage asset managers to sell their investments in thermal coal companies, and to dissuade financiers from supporting the expansion of coal mining activities, particularly in Queensland's Galilee Basin.
From Germany's largest utility E.On selling off its coal and gas assets to Australia's biggest carbon polluter moving to zero emissions by 2050, the ball is well and truly rolling in terms of a transition away from fossil fuels.