Consumers should not pay the price for risky coal deals

By Sara Jane Ahmed

The rapid drop in the cost of renewable energy has opened new possibilities in energy systems around the world, including the Philippines. Coal has become a liability, both in terms of its high cost to consumers and the environment, as well as the negative financial consequences for banks and investors.

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Six foreign-controlled miners to start divestments

Six foreign-controlled miners operating in Indonesia, including PT Vale Indonesia and a unit of Australia’s Newcrest Mining, intend to divest some of their shares to meet regulations.

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