27 October 2017 At the annual general meeting of APA held today in Sydney, company executives faced several questions from shareholders regarding their Western Slopes Pipeline project in Northern NSW. The $450 million pipeline project is a partnership with Santos to...
Whitehaven’s expansion plans contradicts the Paris Agreement
25 October, 2017 Today at the Whitehaven Coal annual general meeting (AGM), the board and CEO made it clear that the company has no intention of operating in line with the COP21 Paris Agreement. Chairman Mark Vaile and CEO Paul Flynn spoke about the company's growth...
IAG: Federal Government is deaf on climate change
20 October 2017 In a week dominated by the Federal Government’s capitulation to the coal lobby in its latest instalment of energy policy failure, it was an opportune time for Australia’s largest general insurer – IAG – to call out the need for tougher action on...
Investors support stronger climate risk disclosure at Origin Energy AGM
18 October 2017 A shareholder resolution coordinated by Market Forces, calling for improvements to Origin Energy’s climate risk disclosure received significant support from institutional investors, garnering 13.77% of shareholder votes, despite the board’s opposition....
Aurizon shareholders: How does Adani coal align with 2°C?
18 October 2017 Shareholders today grilled Aurizon over its plans to build a railway that would open up the Galilee Basin to coal mining. The coal haulage company currently has a financing bid before the Northern Australia Infrastructure Facility (NAIF), rivalling...
#StopAdani Corporate Villains tour of Melbourne, 1 Nov
We are at an important stage of the #StopAdani Campaign. A crucial period where Adani is racing against the clock to reach financial close and convince the Australian Government to fund its climate destruction. We are learning more and more about Adani's shady...
Westpac out of Adani Abbot Point refinancing?
Westpac CEO Brian Hartzer today confirmed that the bank's coal lending restrictions would, in theory, apply to restrict finance for infrastructure projects that are directly linked to new coal basin developments. That looks like a pretty good indication that Westpac...
Bluescope Steel – still a long way to go on climate risk
11 October 2017 Major energy user Bluescope Steel made the right noises about limiting emissions at the company's annual general meeting (AGM) in Melbourne today, but failed to commit to strong climate action. Despite clear evidence that a global transition away from...
Big banks still supporting Whitehaven’s dirty coal operations
Whitehaven Coal's Maules Creek mine was recently upgraded to the EPA's highest environmental risk category, making it one of NSW's three dirtiest mines. The company is also planning to expand its Vickery coal mine, which the local community is resisting due to grave...
AGL shareholders back Liddell closure, call for rapid coal exit
27 September 2017 At AGL's annual general meeting (AGM) today in Melbourne, 126 shareholders, collectively holding a position in the company worth $5.4 million, delivered a statement, supporting the board's decision to close its Liddell coal power station in 2022. The...