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ANZ bank, one of Australia's "big four" banks, has pledged to no longer fund coal projects and to invest a minimum of $10 billion for renewable energy, reforestation, and energy efficiency projects, The Guardian has reported. The bank has been heavily criticised in the past for being Australia's biggest lender for fossil fuel projects, including […] Read More

The Australian government has announced that it aims to accelerate the uptake of residential battery storage for solar power, Australia's Renew Economy has reported. After a great deal of domestic and international criticism for not supporting the renewable energy and clean technology sectors, or having an adequate national emissions reduction plan, the Australian government now says […] Read More

There has been quite a lot of chatter in recent months about the possibility of Apple jumping into the promising electric car market. Among other significant events, the Silicon Valley tech giant has reportedly poached engineers from Tesla and engaged hundreds of its workers on its secretive electric car initiative: Project Titan. The latest news […] Read More

Given the increasing willingness of governments and businesses to begin addressing carbon intensity, this news will come as no surprise to most. While the global coal industry is still trying to be optimistic that the price and demand for coal will pick up soon, US banking behemoth Citigroup is less than convinced. A new report […] Read More

New Zealand Finance Minister Bill English has said this week that he doesn't know if New Zealand coal company Solid Energy is now viable, which has raised the real prospect of the company collapsing, Fairfax Media in New Zealand has reported. The National Party-led government has previously bailed out Solid Energy twice with taxpayer money, to the tune of […] Read More