“What this really is about is companies making decisions that will either make or break our chances of having a stable global warming outcome,” Will van de Pol, chief executive at Market Forces told CHOICE.
“Most importantly it should drive companies into alignment with global #climate goals.”
But most bank coal exclusion policies do not explicitly cover this type of industrial (captive) coal use, allowing companies like #HaritaGroup — which operates a staggering 910 MW of coal-fired power plants to run its nickel operations on Obi Island — to slip through the gap.