Green Capital Scores Against Coal in Australia

Environmentally conscious investors have won a victory over dirty power Down Under, derailing Australia’s largest power company’s plans to tap their coal-fired assets — it should help them ward off pressure from activists to close early.

That victory shows that investors are convinced that a green agenda can also be a good business strategy – even at companies that still rely heavily on dirty fuels. Whether they are really right will probably take years to prove. Green Capital Scores Against Coal in Australia

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