Press Release
IEEFA: Australia’s climate policies could push New South Wales into a debt spiral
Climate policy failure will shrink Australia’s GDP by 6% and increase net debt in NSW to 100% by 2060, with taxpayers footing the bill
20 October 2021 (IEEFA Australia): Australia’s failure to commit to net zero targets or any credible climate policy is a growing economic threat to New South Wales and other states, argues a new report by the Institute of Energy Economics and Financial Analysis (IEEFA). The Reserve Bank of Australia’s deputy governor Guy Debelle last week […]
IEEFA U.S.: Skyrocketing plastics prices a major concern for public health, economy
An ‘essential industry’ to the U.S. economy runs in the dark
October 18, 2021 (IEEFA) — Despite its growing importance to the U.S. economy, the nation’s plastics industry remains a heavily concentrated sector taking advantage of an opaque, unregulated price-setting mechanism to bolster profits for major oil and gas companies, as well as plastic producers. The sector, which has increased prices throughout the year, was deemed […]
IEEFA U.S.: Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount
Declining demand for coal plants, credit agency downgrades and investor scrutiny create challenges for Lightstone investment prospects
October 14, 2021 (IEEFA) — The major pension and retirement funds that own a piece of the General J.M. Gavin (Gavin) coal plant in Ohio face increasing challenges from their investment. Most investors do not know that they own a share of the plant and some are just beginning to realize it, according to an […]
IEEFA India: Green lending criteria could improve the performance of power distribution companies
A hybrid (green + credit) rating for distribution companies would boost progress on decarbonisation goals
14 October (IEEFA India): To encourage change in high-carbon sectors, India’s power authorities could introduce a green rating when assessing financial support and bail-outs for power distribution companies (discoms), says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). With lndia moving towards decarbonisation of its power sector, says report author […]
IEEFA: India’s new gas infrastructure investment must be part of a balancing act
Vital fiscal and environmental queries in optimising role of gas in transition to clean energy for cooking and mobility
6 October 2021 (IEEFA India): India’s strategy to cover unmet energy requirements by creating dual connections of gas and electricity requires a balancing act to ward off environmental and capital loss, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA), with volatility of global gas prices increasing the urgency of […]
IEEFA India: Financing options must be scaled up to boost adoption of rooftop solar
Micro, Small and Medium-sized Enterprises (MSMEs) could be the next drivers of growth
29 September (IEEFA India): Micro, Small and Medium-sized Enterprises (MSMEs) could be the key to accelerating the adoption of rooftop solar in India – but financial institutions are often reluctant to lend to MSMEs because they prefer borrowers with strong financial track records and good corporate credit ratings. A new report by the Institute for […]
IEEFA: Defying global financial trends, Vietnam pivots back to coal power
Latest draft power development plan puts clean energy transition at risk by sacrificing renewables for more coal
29 September (IEEFA Vietnam): In the lead up to the United Nations Climate Change Conference COP26, President Xi Jinping recently declared that China will no longer build new coal-fired power projects abroad. Despite limited details, the ramifications of China’s coal exit strategy for coal-centric developing economies like Vietnam could be immense. Before President Xi’s announcement, […]
IEEFA India: Why prices skyrocketed at the power exchange
Renewables can help stabilise the grid and level costs amid the vagaries of coal stocks
29 September (IEEFA India): With electricity demand in India recently peaking, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) explores the supply and demand conditions that led to recent price spikes in the evening peak hours, starting in August through to September 2021. Electricity demand in India has peaked and […]
IEEFA: Guyanese oil deal tax incentives raise income reporting concerns
Government pays annual income taxes for ExxonMobil, Hess and CNOOC
September 28, 2021 (IEEFA) — Guyana is giving tax breaks worth at least USD$1.7 billion over five years to three of the world’s largest oil companies, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). Tax concessions granted to ExxonMobil, Hess and the China National Offshore Oil Company (CNOOC) by […]
