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‘Not viable’: IFM to stick with oil and gas but dump coal on path to net zero – Sydney Morning Herald

The super-fund owned infrastructure investor has formalised plans to exit thermal coal, declaring the sector “unviable” as the…

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IFMs interim targets include reducing scope one and two emissions (direct emissions and emissions from electricity use) across infrastructure assets by 40 per cent by 2040. This will be achieved, for example, by encouraging its airports and ports to install…

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