China, India 'dominate coal stocks as some shun climate risks'
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INVESTORS in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday.
The report, by British-based research group InfluenceMap, identified thousands of shareholders in 117 listed companies producing three billion tonnes a year of thermal coal with 150 billion tonnes of reserves.
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