BERLIN | Commodities giant Glencore to cap coal output over climate

20Feb - by Editor - 0 - In STL.News

BERLIN (AP) — Commodities giant Glencore said Wednesday it will cap how much coal it mines amid shareholder pressure for it to help reduce global emissions of greenhouse gases.

The move is a sharp reversal for a company that has long championed the extraction and burning of fossil fuels, and which recently announced the purchase of further stakes in two Australian coal mines even as rivals pulled out amid climate concerns.

Continue reading BERLIN | Commodities giant Glencore to cap coal output over climate at STL.News.

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