HSBC to phase out coal funding on shareholder pressure

HSBC to phase out coal funding on shareholder pressure

HSBC bank on Thursday unveiled plans to phase out financing of the coal industry over the next two decades, bowing to shareholder pressure to do more to tackle global warming.
Australia PM defends coal as climate-fuelled bushfires burn

Australia PM defends coal as climate-fuelled bushfires burn

Under-fire Australian Prime Minister Scott Morrison on Monday (Dec 23) rejected calls for "reckless" and "job-destroying" cuts to the country's vast coal industry in the face of a deadly climate-fuelled bushfire crisis.