Whitehaven Coal Paris Agreement

16 oktober 2021

As a large-scale producer of high-energy, low-pollution thermal coal, Whitehaven is also well aligned with the stricter climate and pollution guidelines that have been adopted or are being discussed among our major Asian customer countries that are trying to reduce their emissions while maintaining the stability and reliability of their power grids. Australia`s largest independent coal miner called the resolution, which seeks a plan that shows how it would dismantle its generation facilities and operations in a manner consistent with the goals of the Paris Agreement, a ”false statement.” Activist shareholders of Australia`s largest independent mining industry are expected to vote in record numbers on Thursday to call on Whitehaven Coal to align its long-term corporate strategy with the Paris Climate Agreement. The group says that if the world is to meet the Intergovernmental Panel on Climate Change`s challenge of limiting temperature rise to 1.5 degrees, coal`s share of the global energy mix must fall by about 70 percent by 2030 and be virtually eliminated by 2050. Whitehaven Coal is among the fossil fuel companies described by activist group Market Forces as ”offline” on the Paris Agreement Rob Homer Glencore, Australia`s largest coal mining company, also escapes censorship because it is not listed on the Australian stock exchange. .

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