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Sebastian Rötters, Energy Campaigner at Urgewald, commenting on the annual report released by German utility company RWE today:

“This is tasteless at best: RWE boss Schmitz publicly celebrates an ‘extraor-dinary year’ for RWE and announces increasing dividends. At the same time, he complains about too little government compensation for shutting down coal power plants. (...)”

Urgewald’s director Heffa Schuecking says:

„We are extremely happy to have convinced Crédit Mutuel to take this important step. They are now setting the benchmark for a consistent coal exit. Once again, it is one of the smaller banks that leads the way in terms of efficient climate action. (...)”

• New policy ignores section of coal industry with highest CO2 emissions
• Some of the world's largest coal producers not affected
• BlackRock still biggest investor in coal plant developers

• New policy ignores section of coal industry with highest CO2 emissions
• Some of the world's largest coal producers not affected
• BlackRock still biggest investor in coal plant developers

•    Parliament approves new exclusion criteria for Pension Fund

•    8 coal companies likely affected by divestment

•    Coal plant developers still pollute Pension Fund’s portfolio

•    Parliament approves new exclusion criteria for Pension Fund

•    8 coal companies likely affected by divestment

•    Coal plant developers still pollute Pension Fund’s portfolio