I want an easy tool to assess climate exposure (fossil fuels etc) of the assets (individual stocks and ETFs) in my portfolio. I want to remove as much carbon exposure as I can to remove the risk of ending up with worthless stranded assets in my portfolio. Any ideas where I can easily find this...
First, thermal coal and metallurgical coal are nothing alike.
The world needs metallurgical coal (MC) to make steel.
The world does not need thermal coal, except to power legacy coal-fired power plant and the declining number under construction.
Thermal coal presently trades at under...
As at the date of writing there are 10 constituents in the ASX200 XEJ Energy Index
OSH - OIL SEARCH LIMITED
ORG - ORIGIN ENERGY LIMITED
WOR - WORLEYPARSONS LIMITED
SOL - WASHINGTON H SOUL PATTINSON & COMPANY LIMITED
BPT - BEACH ENERGY LIMITED
WHC - WHITEHAVEN COAL LIMITED
WPL - WOODSIDE...
Lustrum Minerals Limited is a mining exploration company whose primary exploration focus will be on coal in the Bowen Basin in Queensland.
It is anticipated that LRM will list on the ASX during October 2017.
And now for an idea from left field.
Lots of people complain about the environmental destruction caused by coal mining and CO2 pollution. A million trees (sic) are turned into reports on all the associated problems.
So why not consider a market based approach to the problem...
Found a creative new website set up to highlight the work that Peabody coal does to protect the health of children, particularly asthmatics, around their coal fired power station.
Certainly an interesting exercise in public relations.
Rest of the website...
Is there nothing but upside on the future of coal?
As the world stocks reduce will its price not increase? A well managed cost effective company would therefore surely capitalise on this in the future.
All thoughts on the future of coal welcome.