January 2016: Nuclear Industry Struggles with Costs, Coal Among Riskiest Investments, Renewables Boost Global GDP
The latest economic trends in the oil, coil and nuclear industries increasingly warn investors to rethink their assets. A report by Oxford University found that Australian coalmines as well as US and Chinese coal power plants are among riskiest investments. Nuclear industry in Europe is facing high costs, a leaked report of the European Commission shows. Meanwhile, as prices for renewables are falling, they are set to outcompete costly LNG projects, financial analysts say. And the latest IRENA report showcases positive macroeconomic effects of a global energy transition. These news and more in our newsletter.