Undeveloped Coal Assets Threaten Climate Change, Weaken Investment

The Sydney Morning Herald reported that investors in companies with coal assets should consider the potential future deflating of these assets as pressure to cut emissions mounts, according to a new report.

As quoted in the market report:

Carbon Tracker research director James Leaton said: “Investors need to challenge the assumption that coal demand will continue to rise in China and elsewhere. Otherwise billions of dollars of taxpayer, superannuation and shareholder funds will be wasted in assets linked to unburnable carbon.

To view the whole Sydney Morning Herald Report, click here.