coal market

While coal companies attempt to figure out how they can pivot to a renewable future, will investors buy into their plans?

KGI points out that coal will still be the primary supply of power for Asia over the next decade.

(Jan 31): BlackRock Inc, the world’s largest asset manager, says it will cut exposure to companies linked to thermal coal, among other climate-friendly measures. It’s a powerful signal. Unfortunately, it only scratches the surface.

SINGAPORE (Dec 23): China isn’t cutting back on consumption of the most-polluting fossil fuel just yet, but it is set to reduce imports.