PRIME Minister Scott Morrison has staunchly defended Australia's $70 billion thermal coal industry despite investment giant BlackRock declaring it would dispose of more than $500 million in thermal coal shares from its portfolios as adjusts its strategy to adapt to climate change.
Australian Prime Minister Scott Morrison.
BlackRock CEO Larry Fink said governments also had to respond to climate change. "Even if only a fraction of the projected impacts is realised, this is a much more structural, long-term crisis," Fink...
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