Business
Australia’s top polluter AGL faces push to accelerate coal-fired power exit – Sydney Morning Herald
AGL will face a shareholder push to bring forward the closures of its remaining coal-fired power stations by at least 12 years.
“They make up 8.1 per cent of Australia’s total emissions,” the group’s climate director, Dan Gocher, said. “These coal stations are fossils in their own right and as they age, their reliability declines and the costs of maintenance increase.”
AGL confirmed it had received the shareholder resolution and said it was being considered.
“Our response will be set out in AGL’s Notice of Meeting to be published in late August,” a company spokesman said.
Like many of the nation’s top fossil fuel comp…
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