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Vattenfall mulls German coal sell-off after SEK23bn write-down
31 October 2014Vattenfall is considering selling its German lignite coal business after the utility took a SEK23.1 billion ($3.1 billion) write-down as its fossil fuel business struggled in a "difficult" European market.
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Four US banks veto Australian coal port
30 October 2014Four major US investment banks have ruled out investing in a $26.5 billion coal export project near the Great Barrier Reef, following in the footsteps of five European counterparts.
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Investors should move on stranded asset risk 'sooner rather than later', warns bank
28 October 2014Investors with a focus on sustainability should begin to take action to mitigate the threat of 'stranded fossil fuel assets' sooner rather than later, a bank research note has advised.
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AP2 divests from 20 'seriously risky' fossil-fuel companies
20 October 2014The SEK265 billion fund is moving its money out of 20 firms – 12 in coal and eight in oil and gas production – following what it called a "comprehensive risk analysis" of its holdings.
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MSCI launches indexes that reduce 'stranded asset' risk
16 October 2014MSCI has added to its growing range of environmental indexes with two benchmarks that exclude companies with fossil-fuel reserves.
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The thinking behind Amundi's low-carbon push
14 October 2014Amundi's Frédéric Samama talks to Sophie Robinson-Tillett about the firm's decarbonisation pledge, its planned low-carbon fund and how investors should be responding to climate change
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Mark Carney says climate risks could make most oil reserves 'unburnable'
14 October 2014Bank of England governor Mark Carney has warned that "the vast majority of oil reserves are unburnable" if the world is to avoid catastrophic climate change.
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Regulators urged to demand better disclosure of climate risks [UPDATED]
14 October 2014Securities regulators should demand that oil, gas and coal companies stress-test the potential impact of climate-related risks on their business, says the Carbon Tracker Initiative (CTI).
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Low-carbon transition to benefit finance system – report
09 October 2014Governments, not private investors, will bear the majority of stranded asset costs caused by efforts to meet climate targets, while a transition to low-carbon energy may boost the finance sector's investment capacity, says research.
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Divestment campaigns 'won't cause fossil fuel share price collapse - yet'
03 October 2014Divestment campaigns will fail to bring about a rapid collapse in the value of fossil fuel companies, but they demonstrate a strong will to embrace renewables that will revolutionise the energy sector, analysts have forecast.