In conversation: Tim Buckley and Bob Carr
A striking development has occurred in the world of corporate finance. The past few months have seen a string of corporations divest from thermal coal, starting with US investment giant BlackRock and extending to Japan’s Mizuho and the Norwegian Government Pension Fund. A trend is setting in and coal is being dumped all over the world.
It’s not just the focus on climate. It’s economics. Coal is no longer a safe investment.
Bob Carr talks with Tim Buckley, Director of Energy Finance Studies, Australia/South Asia at the Institute for Energy Economics & Financial Analysis (Australia). They explore the financial impetus behind the sudden move from coal and its implications across Asia and Australia.
Want to know more? Bob Carr dives deeper into this subject in a recent article for The Sydney Morning Herald.