New Delhi: Oil and gas companies are jeopardizing shareholder returns by rewarding bosses for endlessly chasing growth in a world where investor pressure to conform to climate targets and sharp falls in renewables costs are set to eat into future demand, financial think tank Carbon Tracker said on Thursday. Previous[Read More…]
Tag: carbon tracker
42% of world’s coal power stations run at loss: Report
New Delhi: Two-fifths of the world’s coal power stations, including in India, were already running at a loss, financial think-tank Carbon Tracker said in a first-of-its-kind study on Friday. It challenges the need for new coal generation and shows that it makes economic sense to close plants in line with[Read More…]