Divestment Day live Oct 2014!

On the 17th and 18th of October, hundreds of Australians will be turning out to close their accounts in protest of the big banks’ role in funding dirty coal and gas projects. We’ll be tracking events around Australia right here on the live blog so stay tuned!

And if you want to see where your nearest event is, times, dates and locations are available right here.

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Tuesday 21st October, 17.06

VIDEO

Monday 20th October, 18.09

CANBERRA

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Monday 20th October, 17.34

GERALDTON

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Sunday 19th October, 21.17

Mike from Brisbane is selling his shares in the fossil fuel-funding big banks! Another way you can divest from fossil fuels. Here’s what he said:

“I want to be able to look my grandkids in the eye and trust that I did not profit from the destruction of their environment and their future.”

Nice one Mike.

Sunday 19th October, 20.00

15+ locations around Australia, hundreds of customers leaving their banks, and MILLIONS of dollars being divested from fossil fuels. Now that’s what we call a successful Divestment Day!

Keep in mind that Canberra’s Divestment Day event is still coming (it’s tomorrow), but we just wanted to take this opportunity to give a big THANK YOU to everyone for their participation and support. We really couldn’t do this without you!

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Sunday 19th October, 16.47

A photo from Team Geelong who joined us at the Melbourne event. Thanks for making the journey.

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Sunday 19th October, 13.31

MEDIA

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“Climate change activists will aim to give the big banks a 0m bloody nose on Saturday, in the latest round of what has been an increasingly bitter campaign to force the divestment of companies with fossil fuel interests.

A “national day of divestment” will see more than 1,000 bank customers switch their accounts away from the “big four” banks: ANZ, Westpac, Commonwealth Bank and NAB…” Read more

Divestment Day October 2014 Media Clipping 1

“Environmental advocacy groups Market Forces and 350.org will coordinate a “day of fossil fuel divestment action” tomorrow, with events to be held in capital and regional cities across the nation.

In the latest push in the ongoing divestment campaign, which has moved onto the national stage in Australia this week…” Read more

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“FIFTEEN Coffs Coast locals will publicly cut up their credit cards today as a statement against their banks’ investment in the fossil fuel industry.

Participants will also shut down their accounts with Australia’s big four banks, opting to switch to banks that do not lend to coal, gas and oil projects…” Read more

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“The decision by the Australian National University to end its investment in fossil fuels is a bellwether moment for Australia. It’s democracy up against crony capitalism, science up against ideology and renewable energy against the old polluting industries…” Read more

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“A movement calling for the big four banks to stop supporting fossil fuel projects gains strength from the hysterical reaction of politicians, according to an environmental activist behind the Canberra face of the campaign.

About 40 Canberrans gathered in Garema Place on Monday to close their accounts with the big four banks to protest their continued financing of coal and gas projects, joining hundreds of people across Australia…” Read more


 

Sunday 19th October, 11.51

COFFS HARBOUR

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Sunday 19th October, 10.43

Channel Ten coverage of Divestment Day.

Saturday 18th October, 21.08

What an awesome day! A huge thank you to everyone who participated. We’re so happy to see so many people all around Australia happily closing their accounts with their fossil fuel-funding banks. There’s still a lot more content to come, so keep checking this page over the next couple of days, but for tonight we’re signing off!

– The team at Market Forces (Julien, Govind, Jarren and Samuel)

Saturday 18th October, 16.54

Australian singer/songwriter MISSY HIGGINS sends a Divestment Day message and follow-up to the supportive picture she posted recently: http://on.fb.me/1yLWpbO

“…that’s where I want my money to go. Towards the future of a healthy planet. Towards an actual future for our kids. I support the [fossil fuel] divestment movement because the most powerful way I can see to make a difference is with my own dollar. That’s a choice no-one can take away from any of us: how we spend our own money.” – Missy Higgins, Singer/Songwriter

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Divestment Day Missy Higgins

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Saturday 18th October, 16.18

ADELAIDE

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Saturday 18th October, 15.18

SYDNEY

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Saturday 18th October, 14.48

Jo from Sale in Victoria divests from ANZ!

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Saturday 18th October, 14.17

Leanne and her family in SPRINGWOOD, NSW, point out to Westpac that they’re not okay with them funding fossil fuels.

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Saturday 18th October, 13.58

BRISBANE

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Saturday 18th October, 13.55

PERTH

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Saturday 18th October, 13.55

Iris from TOWNSVILLE closed her NAB mortgage and bank account as part of Divestment Day. Way to go!

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Saturday 18th October, 13.51

MELBOURNE

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Saturday 18th October, 13.26

MARGARET RIVER gets in on the Divestment Day action!

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Saturday 18th October, 08.57

DARWIN sending off letters to let their banks know they left because they fund fossil fuels.

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Friday 17th October, 20.40

Residents of the sunny SUNSHINE COAST couldn’t be happier to be closing their bank accounts.

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Friday 17th October, 19.17

Marie had this to say: “I divested at my local branch on the GOLD COAST today. Goodbye ANZ, I’ve been with you 20 years but until you stop supporting fossil fuels, my money will be elsewhere!”

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Friday 17th October, 18.23

David from ROCKHAMPTON is pretty happy to be cutting up his Commonwealth Bank card. It’s nice realising that your money isn’t being used to fund fossil fuels anymore!

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Friday 17th October, 17.48

Woot! Go Doctors for the Environment!

Friday 17th October, 17.18

BALLINA gives CommBank a big thumbs down for investing in fossil fuels!

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Friday 17th October, 16.57

LISMORE divests from fossil fuels!

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Friday 17th October, 16.06

HOBART divests from fossil fuels!

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Friday 17th October, 09.08

Great way to start Divestment Day, with our “Banks on Notice” campaign now accounting for over 0 million in savings! That’s from the customers who have told their bank that unless loans to fossil fuel projects stop, they’ll take their business elsewhere.

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Friday 23rd May, 21.55

Another bank stakes a stand on the Abbot Point coal export expansion! We just asked HSBC whether they would be prepared to match the commitments made by Deutsche Bank and others to not finance the expansion.

No less than the the Group Chief executive of HSBC said that given UNESCO’s concerns about the expansion of Abbot Point, the bank would be “extraordinarily unlikely to go anywhere near it”.

That’s two banks in two days that have made statements distancing themselves from Abbot Point!

Friday 23rd May, 20.37

HSBC AGM

Friday 23rd May, 17.05

Deutsche Bank RESULT!

Deutsche Bank made an important commitment at their annual general meeting that could help us keep many more banks from financing the expansion of coal exports in Australia. Deutsche Bank’s Chairman agreed that the bank would not consider any request to finance the expansion of the Abbot Point coal export port, given the concerns of UNESCO over the proposed expansion’s impacts on the Great Barrier Reef World Heritage Area.

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Deutsche Bank WIN

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Thursday 22nd May, 19.16

Deutsche Bank’s AGM

Thursday 22nd May, 09.06

URGENT! We have less than a day until the Deutsche Bank AGM and we need your help to pressure them to rule out financing the expansion of the Abbot Point coal port.
Click here to take action – send the bank an email calling on them to use the AGM to declare that they will not finance this dirty coal export expansion.

 

And help spread the word by sharing the materials below on Twitter and Facebook.

 

MF Deutsche Bank v04xDeutsche Bank graphic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thursday 22nd May, 04.58

Check out this great video of the action where Market Forces joined local Basque Coast action group Bizi! and Friends of the Earth France to occupy Société Générale’s offices over the bank’s decision to support GVK’s Alpha Coal project.

Thursday 22nd May, 00.48

Tony Brown at press conf 1Tony Brown, a tourism operator from the Whitsundays fronts a media conference to explain why he will be attending the Deutsche Bank AGM tomorrow. The proposed expansion of Abbot Point poses severe threats to the Great Barrier Reef and industries like tourism that depend on the Reef remaining healthy. Tony will call on Deutsche Bank to declare that it will not finance the expansion of the Abbot Point coal export terminal.

 

 

 

Wednesday 21st May, 18.01

Société Générale has failed to withdraw from the Alpha Coal project
Société Générale’s AGM has now been and gone, and they’ve failed to withdraw from the Alpha Coal project and destructive Abbot Point coal terminal.
 
The graphic below should give you a taste of what’s to come.
 
 
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Wednesday 21st May, 09.25

Full page Financial Times ad calls on Deutsche Bank to not fund Abbot Point’s expansion!

Julien with Deutsche Bank adOn our way to the Société Générale annual general meeting (AGM) earlier today in Paris we picked up a copy of the Financial Times and what did we see on page 5? A full page ad calling on Deutsche Bank to declare they won’t fund the expansion of the Abbot Point coal export terminal! Société Générale might not have been very helpful at their shareholder meeting (see below), but Deutsche Bank is next and this is one example of the serious pressure being ramped up on the bank. You can help keep that pressure up ahead of Deutsche Bank’s AGM by signing the petition being run by WWF Germany and Campact, calling on them to clearly state they will not fund the expansion of Abbot Point.

Click here to go to their petition page (it’s in German) and help it reach 200,000 signatories by the AGM!

 

Wednesday 21st May, 08.54

Environment and Reef protection nowhere to be seen at Société Générale AGM
Tony at SocGen AGM

Tony Brown from the Whitsundays prepares to ask Société Générale at their AGM whether they will withdraw from the Alpha Coal Project due to its unacceptable impacts on the Great Barrier Reef.

Well, that was an astonishing afternoon. We went along to the Société Générale annual general meeting today with Tony Brown, a tourism operator from the Whitsundays in the Great Barrier Reef whose livelihood and industry is at risk from coal port expansions such as Abbot Point. Société Générale has a mandate to advise GVK over their Alpha Coal project, which includes the construction of Terminal 3 at Abbot Point. To build it and the other major coal terminal – Adani’s T0 – would require the dredging and dumping of 3 million cubic metres of seabed from the World Heritage Site.

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Lucie Pinson from Friends of the Earth France translating Tony Brown’s speech to the Société Générale board.

We barely got in to the AGM after they tried to stop Market Forces’ Lead Campaigner Julien Vincent from entering, even though his name was on the door. And after Tony Brown travelled halfway around the world to explain the impacts of Abbot Point on his industry and the Reef, the board were unmoved, using their membership of the Equator Principles to justify being involved in the project.

It’s not good enough. Société Générale needs to know that helping to equip a project for receiving debt finance is unacceptable. If you haven’t signed the petition yet to call on Société Générale to withdraw from the Alpha Coal Project, please get on board now. This campaign has a long way to run yet.

 

 

Saturday 17th May, 04.52

Société Générale offices occupied as activists call for withdrawal from Alpha Coal mega mine

SocGen Bayonne Occupation 7Market Forces joined Amis de la Terre (Friends of the Earth France) and local action group Bizi! in Basque country in the south of France today to occupy the offices of Société Générale, the bank that is attempting to secure investors for GVK’s Alpha Coal mega mine in Queensland.

At about 11.30 am local time, twenty activists (including three “kangaroos”) went into the bank and begun a public meeting where customers were informed of the destructive impacts that the 30 million tonne per year Alpha Coal mine and the associated industrialization of the Great Barrier Reef would have on Australia’s environment and the global climate. Julien from Market Forces and Lucie from Amis de la Terre explained the raft of environmental impacts that the project would cause, from dewatering of the land around the proposed mine to the dredging and dumping of 3 million cubic metres of seabed floor from the Great Barrier Reef World Heritage Area, and of course the 1.8 billion tonnes of carbon dioxide that would be released if the Alpha Coal project goes ahead.

Check out a photo set of the action here:

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The bank was forced to stay open during its scheduled lunch break and, as the afternoon rolled on, more activists arrived to occupy the bank, refusing to leave the bank until it left Alpha Coal. In the end, it took the arrival of over a dozen police officers to forcibly remove the activists.

The local campaign on Société Générale over their role in supporting Alpha Coal (which we explain in an earlier post below) is continuing to build, and the next action will be the dumping of 1.8 tonnes of coal (one billionth of the weight of carbon dioxide that would be generated over the life of the Alpha coal mine) in front of their offices on the day of the bank’s annual general meeting. Bizi! have given Société Générale until the AGM on the 20th of May to withdraw from the mega-mine or the coal will be dumped in front of their offices.

You can help make this happen: Bizi are crowdfunding to pay for the coal dump and you can donate using the English language version of their page here.

You can also sign the petition to call on Société Générale to abandon Alpha Coal here.

Friday 16th May, 18.05

Bizi SocGen Alpha meeting 2Last night locals from Bayonne, a French town on the Basque coast, gathered to learn about how Société Générale was playing a key role in supporting GVK’s Alpha Coal project. Local group Bizi! and Amis de la Terre (Friends of the Earth France) announced plans to dump 1.8 tonnes of coal (one billionth of the amount of carbon dioxide that would be generated over the life of Alpha Coal) in front of the bank’s regional office if it doesn’t withdraw their support for Alpha Coal by the 20th of May – the date of the bank’s Annual General Meeting in Paris. They’re crowdfunding to get support for their action – an English version of the website is here.

Bizi! have already been actively campaigning to get Société Générale out of Alpha coal. Three “kangaroos” went to meet with the Director of the regional office yesterday and made it on to the TV news as a result.Bizi SocGen Kangaroo action

Now they’re developing a divestment campaign to shift locals out of Société Générale into alternative banks that won’t fund coal projects.

It’s incredible to see – on the other side of the planet – an energetic, vibrant campaign to challenge the investment in a proposed coal project in Queensland. I’m so grateful to the work Bizi! and Amis de la Terra are doing to help protect the climate, and Australia’s environment from so far away. You can help their work by signing their petition with 350.org calling on Société Générale to pull out of the Alpha coal project.

Thursday 15th May, 16.00

Petition to Deutsche Bank gets over 100,000 signatures in 24 hours!

Have you added your name to the petition calling on Deutsche Bank to declare they won’t fund new Abbot Point coal terminals? It got over 100,000 signatures in its first 24 hours but we need to build it as high as we can before the bank’s Annual General Meeting on the 22nd of May. It’s to the CEOs of the bank and as the page is in German, here’s a translation of the petition text you’ll be signing:

Dear Mr. Fitschen,
Dear Mr. Jain,

The planned expansion of Australian coal port Abbot Point and other industrial projects along the coast threaten the fragile ecosystem of the Great Barrier Reef. The projects will industrialize of this unique stretch of coastline, putting the World Heritage site in danger

Investing in coal projects that are hostile to the climate is neither responsible nor sustainable. Your own analysts also question the economics of coal investments.

Deutsche Bank has already supported the existing Abbot Point terminal through bonds. So far you have ruled out publicly that you will support and fund the extension of the port.

Therefore, I urge you : do not engage further in the financing of coal port and the destruction of the Great Barrier Reef ! Make social and environmental aspects to equal investment criteria!

Yours sincerely,

Thursday 15th May, 08.43

Is a commitment in sight from Deutsche Bank that they won’t fund more Reef destruction?

When we started preparing this campaign over a month ago, we and a host of other environment groups wrote to Deutsche Bank, calling on them to not fund any more coal export terminals at Abbot Point. You can see the letter here. We recently got a response back from Deutsche Bank, in which they said they had just introduced a number of new guidelines on sustainability, and specifically said:

One of the specific guidelines recently adopted addresses activities in the close proximity to World Heritage Sites. Notably, it precludes transactions within or in close proximity to World Heritage Site unless there is a prior consensus between the relevant Government and UNESCO that such operations will not adversely affect the Outstanding Universal Value of the Site.

This is very important, as the World Heritage Committee is considering putting the Great Barrier Reef on the World Heritage “in Danger” list, and are especially concerned about the impacts of new coal ports proposed at Abbot Point. Here’s some of what they had to say in their draft decision on the status of the Reef, which will be finalised in June:

Notes with concern the recent approvals for coastal developments in the absence of a completed Strategic Assessment and resulting Long-Term Plan for Sustainable Development, and regrets the State Party’s approval for dumping 3 million cubic metres of dredge material inside the property prior to having undertaken a comprehensive assessment of alternative and potentially less impacting development and disposal options, and also requests the State Party to ensure that the option selected does not impact OUV, and is the least damaging option available;

It’s clear that the coal ports at Abbot Point would be negatively impacting the Outstanding Universal Value of the Great Barrier Reef – now it’s time to make that stick!

WWF Germany and Campact are running a petition calling on Deutsche Bank to commit to not funding new coal ports at Abbot Point. Please help by signing it!

Wednesday 14th May, 15.16

Meet the banks

We’re particularly interested in working on two banks who have direct connections to the owners of proposed major coal projects in Australia:

Société Générale
A French bank that is advising Indian conglomerate GVK over their Alpha Coal mega mine in Queensland’s Galilee Basin. Alpha Coal would rank among Australia’s biggest mines and is tied to a new coal export terminal in the Great Barrier Reef World Heritage Area. Société Générale is helping GVK find investors and it is very likely the bank will invest in the project themselves. You can help Friends of the Earth France who are running a petition with 350 to call on Société Générale to get out of the Alpha coal project.
Deutsche Bank
A German bank that recently loaned to the Abbot Point Coal Export Terminal owned by Adani. Adani also have big plans for new coal in Australia, having just received Queensland Government approval for their massive 60 million tonne per year Carmichael coal mine. And, like GVK, Adani are planning a new export terminal that would result in massive dredging and dumping operations in the Great Barrier Reef World Heritage Area. Supporting the existing coal export terminal puts Deutsche Bank squarely in the frame for funding the new terminal as they now have a commercial relationship with Adani. WWF Germany are running an online petition to call on not fund the new cal export terminal at Abbot Point.

 

We’re also going to be attending the annual general meeting of HSBC. who despite being members of the Equator Principles, having been finding LNG plants on Curtis Island that have contributed to the World Heritage status of the Great Barrier Reef being in jeopardy. We’re going to call on them to avoid repeating these destructive decisions by committing to not funding more coal exports in the Reef.

Sunday 4th May, 17.02

We’ve been loving looking through all of the beautiful photos of smiling faces taken during Divestment Day. Thank you again to everyone who participated! You’ve sent a strong message to the banks that we won’t stand for funding dirty fossil fuels.

Click on the graphic below to allow you to SHARE it on Facebook:

Divestment Day 2014 Wrap 2

Or RETWEET it on Twitter:

We’re currently putting the finishing touches on the Divestment Day video, so keep an eye out for it when it’s launched this evening.

Saturday 3rd May, 19.50

What a day! Activities all over Australia, hundreds of customers leaving their bank, and millions of dollars taken away from the big fossil fuel-funding banks.

A huge thank you to everyone who joined in the biggest divestment action in Australia’s history (so far…)!

Like what you’ve seen of Divestment Day? Then help us spread the word – SHARE this graphic on Facebook!

Divestment Day May 2014 Wrap 1

Or RETWEET it on Twitter

Saturday 3rd May, 19.44

Participants of Murwillumbah’s Divestment Day activity weren’t swayed by the heavy rain!

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Saturday 3rd May, 19.16

Brisbane shows us their banners and card-cutting abilities!

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Saturday 3rd May, 16.21

Doctors and families lead the way in Perth today as another fifty folks turned out to divest over their bank’s fossil fuel investments! That good going, especially after about a dozen Westpac customers had already divested yesterday.  Great work all!!!

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Saturday 3rd May, 15.27

Check it out – Melbourne’s Divestment Day activity made The Age today. Great story and photo set!

 

Saturday 3rd May, 13.45

What a turnout in Melbourne today! Over 120 people gathered in Bourke Street on a chilly morning. Then, after the obligatory group photo, went and tole their bank that as they chose fossil fuels, they’re taking their money elsewhere!

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Saturday 3rd May, 13.43

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Sydney participants made a lot of great signs for the day.

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Saturday 3rd May, 11.14

Doctors for the Environment join in on Divestment Day because fossil fuels are a threat to human health too.

Doctors and medical students are calling climate change a ‘public health emergency’ and urging divestment from fossil fuels nationally

Source: http://dea.org.au/news/article/media-release-doctors-join-national-day-of-divestment-action-saturday-3-may

Saturday 3rd May, 11.11

96 year old Commonwealth Bank customer closed her account today over their fossil fuel funding.

Saturday 3rd May, 11.07

Smiles all round. It’s nice to know your money isn’t contributing to environmental destruction or climate change isn’t it?

Saturday 3rd May, 11.03

People in Brisbane are excited to be cutting up their bank cards!

Saturday 3rd May, 10.32

Meg doesn’t seem to be at all sad to leave Westpac and their fossil fuel funding ways.

Saturday 3rd May, 10.23

Brisbane participants had a pretty nice banner made up for the day!

Sydney health professionals join in too.

Saturday 3rd May, 10.11

Senator Larissa Waters has joined in on Divestment Day by moving her mortgage from ANZ to a bank that doesn’t fund coal, CSG, or the destruction of the Great Barrier Reef. Nice one Senator Waters!

Divestment Day 2014 Brisbane Larissa Waters

Saturday 3rd May, 09.37

Residents of Castlemaine join in on the Divestment Day action!

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Saturday 3rd May, 09.15

Counteract on their way to today’s divesment activity in Melbourne.

Here’s a photo of what they’re talking about. This morning doctors have joined the Leard Blockade to join the fight to stop the Maules Creek Coal Mine.

Leard Blockade Doctors

Friday 2nd May, 21.56

And that’s it from us on this first half of Divestment Day! Thanks for following the feed and we’re looking forward to being back tomorrow morning with updates as we move to the capital cities!

Friday 2nd May, 21.45

It would appear that today’s Divestment Day events have inspired others to get involved! We’re now at 4 million in savings held by customers who have put their bank “on notice” over investments to coal and gas, million more than this afternoon. If you’re newly inspired to take action and are with one of the “big four” banks (ANZ, Commonwealth NAB or Westpac), click here to put them on notice and let them now that if they keep funding dirty coal and gas, you’ll take your money elsewhere.

 

 

 

 

 

 

 

Friday 2nd May, 21.31

How awesome is this:

Applicants are wishing to refinance away from NAB given their involvement in the “Fracking” industry.

Perhaps NAB might want to consider its agricultural roots and put their customers, and those who depend on our farmland, over the frackers.

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Friday 2nd May, 21.29

Byron Bay is next! Well done everyone!

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Friday 2nd May, 21.02

And now it’s Coffs Harbour’s turn! Fourteen staunch locals and a bub making sure their money won’t be used to find dirty coal and gas projects.

Divestment Day Coffs Harbour NSW Australia

 

Friday 2nd May, 20.53

It was raining in Murwillumbah today. Not that it was going to stop these folks from turning out to divest from Commonwealth Bank, lenders of more than billion to fossil fuels since 2008.

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Friday 2nd May, 19.55

Looks like the last location to get us photos today is Sale – check it out. Not just messages as to why they closed their banks accounts but a bunch of reasons why fossil fuel divestment is important as well!

Divestment Day 2014 Sale

 

 

 

 

 

 

 

 

 

 

 

Friday 2nd May, 19.02

They’ve spent days, weeks, months putting themselves on the line to defend Maules Creek from a new dirty coal mine. Now they’re making sure their money won’t be used to fund new fossil fuel projects like the one they’re fighting. It’s an honour to have the activists from Maules Creek involved in Divestment Day.

Divestment Day 2014 Maules Creek

 

Friday 2nd May, 18.38

Photos of today’s activities are coming through – here’s a few from Canberra where dozens of customers divested from the major banks over fossil fuel investments, even helping each other out to cit the final tie with the banks.

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Friday 2nd May, 17.55

Sydney Divestment Day activities on Friday 2 May. It looks like they’re having a lot of fun!

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Friday 2nd May, 16.28

Here’s why Gill left St. George.

Friday 2nd May, 16.12

Georgia isn’t fooled by National Australia Bank’s UBank.

Friday 2nd May, 15.43

Adelaide Divestment Day organisers are very busy painting a beautiful banner for their activity tomorrow. Nice work!

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Friday 2nd May, 15.35

No remorse from Jaime about ditching Westpac!

Giant scissors!

Tony’s very first public action!

Friday 2nd May, 15.25

Canberra resident, Adam, tweets about the Divestment Day action!

Friday 2nd May, 15.15

Sydney photo, the colours of all the t-shirts looks great!

Friday 2nd May, 14.55

When one of our Divestment Day coordinators tried to contact his friend (and participant on the day) Anna, he didn’t know why he couldn’t get through to her phone. He only just discovered why – it turns out she’d moved to Indonesia! But that didn’t stop her from participating in Divestment Day. She just sent through this photo.

This is me cutting up my Commonwealth Bank credit card in Yogyakarta, Indonesia, after switching to a bank that doesn’t invest in fossil fuels – it feels great!

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Friday 2nd May, 13.58

Here’s some good news for everyone in Melbourne joining tomorrow’s divestment day activity. We’ve got you covered!

Friday 2nd May, 13.54

Brisbane UQ students are out and about on their campus today promoting fossil fuel divestment. Great work guys!

Divestment Day 2014 Brisbane 2 UQ

 

Friday 2nd May, 13.15

Related fossil fuel divestment news:

Sustainable investment specialist Pax World has divested from fossil fuels in its 4.6 million Growth Fund, and suggested that more of its funds could follow similar strategies.

Source: http://www.environmental-finance.com/content/news/pax-fund-divests-from-fossils.html

Friday 2nd May, 12.45

Our “banks on notice” campaign has grown by another million in just a day! Now customers with over 2 million in savings are warning they’ll divest if their bank keeps on lending to fossil fuels!

 

 

 

 

 

 

 

Friday 2nd May, 12.36

Sydney participant, Andrew Campbell, telling the Commonwealth Bank what he thinks of fossil fuels.

Friday 2nd May, 12.32

Australian Wild, getting into the Divestment Day spirit!

Friday 2nd May, 11.51

Tweed Heads Divestment Day organisers were able to get some media to help promote their event. Great work guys!

Divestment-Day-2014-Tweed-Heads-News

Friday 2nd May, 11.20

Thanks for the shout out Lord Felft!

Friday 2nd May, 09.43

Glenn divests from a bank who is owned by NAB, who heavily funds fossil fuels!

Friday 2nd May, 08.28

Murwillumbah residents got into the Divestment Day spirit a little bit early by attending the Bentley Blockade wearing our t-shirts.

Divestment-Day-2014-Muwillumbah-1