AGL opts to hold on to coal plants

Original article by Perry Williams
The Australian – Page: 21 : 20-Sep-19

AGL Energy chairman Graeme Hunt has noted the Paris climate accord is one between countries, and not that one that binds companies. He was commenting on a resolution put by activist group Market Forces to its AGM on 19 September that called on AGL to close its coal-fired power stations by 2030, in line with the Paris Agreement to restrict global warming to 1.5C above pre-industrial levels; 30 per cent of AGL shareholders voted in favour of the resolution. AGL stated that the transition away from coal-fired generation needs to be done in an orderly fashion


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