Coal is back in AustralianSuper’s portfolio. What happened to that net zero pledge? pred 1 dnevom, 5 urami in 21 minutami In 2020 Australia’s biggest super fund dumped its Whitehaven shares. Fast forward to 2026 and it is now the coalminer’s single biggest investorGet our breaking news email, free app or daily news podcastAlmost six years ago, the country’s biggest superannuation fund announced a major policy update: AustralianSuper’s investment portfolio would be subject to a net zero carbon emissions target in line with the Paris agreement.To make the point, the fund dumped its holdings in the large thermal and metallurgical coalminer Whitehaven Coal. Continue reading...(The Guardian)
Fears Queenslanders could be forced to pay for mine cleanup as LNP reviews environmental ‘red tape’ pred 1 dnevom, 5 urami in 21 minutami Mining minister Dale Last says the state has an ‘enormous opportunity’ to become a global leader in critical mineralsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastQueenslanders are being warned they could be left to pay for the clean up of abandoned mines if rehabilitation laws are weakened, after the state government announced a bid to cut environmental “red tape” for resources companies.The state’s treasurer, David Janetzki, and the mining minister, Dale Last, this week announced a review of a scheme that requires resources companies to provide surety to cover remediation and rehabilitation costs when mines close. Continue reading...(The Guardian)