China, India dominate coal ownership amid divestments: Report


China, India dominate coal ownership amid divestments: Report

Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday.

The report, by British-based research group InfluenceMap, identified thousands of shareholders in 117 listed companies producing 3 billion tonnes a year of thermal coal with 150 billion tonnes of reserves. Read More…

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