'Fracking Finance' details the dangers that unconventional gas extraction methods, such as fracking, pose to our land, water and communities. This Market Forces report also examines which financial institutions are supporting the biggest players in Australia's coal...
Renewable energy roadblocks sending investment offshore
20 July 2015 In today's Australian Financial Review, NAB has vowed to continue lending to renewable energy projects despite the Australian government's clear aversion to the sector, with a reported $1.6 billion worth of commitments to future projects globally. NAB has...
Australian LNG projects: the next stranded assets?
9 July 2015 For years, Australia has harboured dreams of being a big player in the liquefied natural gas (LNG) industry. Former Energy and Resources Minister (and now, conveniently, Chairman of the Australian Petroleum Production & Exploration Association Advisory...
Commbank biggest lender to coal and gas in the Reef
16 May 2015 A lot has changed in the two years since we released our Financing Reef Destruction report, which identified Australia's big four banks as the leading financiers of fossil fuel projects within the Great Barrier Reef World Heritage Area. Some changes have...
Downer’s shares jump on false figures
14 May 2014 Market Forces, represented by lawyers at Environmental Justice Australia, has submitted a complaint to the Australian Stock Exchange (ASX) in response to an allegedly misleading disclosure published by Downer EDI in December last year. Downer had announced...
ANZ heralds end of mining, so why are they still lending to coal?
6 May 2015 ANZ chief executive Mike Smith yesterday warned investors and the wider Australian public that the country must move on from the resources boom. Echoing the widespread expectation that commodities prices will not recover to anywhere near their former lofty...
Deutsche Bank rules out financing Abbot Point coal port expansion
22 May 2014 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...