The IGCC report that the article refers to was issued in October. It mentions S32 and WPL and Woolworths. So it's very broad and doesn't go into detail re: Met Coal.
There is so much noise out there on Climate Change action. For S32 (and WPL which I also own), the only relevant issue is whether S32 generates CO2 in the extraction and shipping of Met Coal (or other commodities). If it does, then how does the company plan to reduce or eliminate that in the short to medium term.
As for Met Coal, S32 can (and in fact must) continue to sell it, while meeting the only two obligations that any company has. (1) reduce its cost of production at all times (2) exit the industry when the demand dries up and the future value of its in ground reserves start to drop, due to world wide climate change action before 2050.
The above is the whole story. The media noise is not helping anybody. I think S32 (but I don't know) is meeting all its obligations on all three points above. So I am happy to hold and sleep well at night too.
The IGCC report that the article refers to was issued in...
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