29 November 2018 Reacting to the news that Adani has decided to self-fund the entirety of its Carmichael coal project, Market Forces Executive Director Julien Vincent said: This is an act of desperation from Adani, which knows the window of opportunity to build its...
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Vision Super dumps coal and tar sands
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text]27 November 2018 This week industry super fund Vision Super, whose membership is mainly made up of Victorian local government employees, announced that it will begin...
Do you own a piece of these dirty fossil fuel projects?
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Fortescue Metals Group: Andrew Forrest’s twin pursuits are incompatible
15 November 2018 "We’ll be doing everything we can as a company to slow down climate change" Fortescue Metals Group (FMG) chairman Andrew Forrest told shareholders today. Forrest's proclamation at the company’s annual general meeting (AGM) was a respectable one,...
BHP has no plans to walk away from climate-destroying coal
8 November 2018 Today’s BHP annual shareholder meeting in Adelaide saw the company vigorously defend its views and support for the long term viability of coal and fossil fuels. Chief executive Andrew Mackenzie used his opening address to remind shareholders that “as a...
CommBank: All talk, still no walk on fossil fuel finance
Brisbane, 7 November 2018 At today’s Commonwealth Bank annual general meeting (AGM), chairwoman Catherine Livingstone told shareholders she believed it was unlikely the bank would finance any new 'greenfield' fossil fuels proposals. Such projects include coal mines,...
Korean lenders rule out Adani!
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text] 5 November 2018 Three Korean financial institutions have ruled out investing in the Adani Carmichael coal mine, rail line or Abbot Point coal export terminal, as...
Adani’s new plan, November 2018 update
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text]5 November 2018 The next six months will be critical for whether Adani’s destructive mega coal mine goes ahead. Thanks to some cost-cutting, on both its proposed...
Despite stated intentions, NIB remains invested in fossil fuels
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text] 31 October 2018 NIB health insurance disappointed customers and shareholders at its annual general meeting (AGM) today with its continued delay in finishing off the...
APA’s pipeline is “head of the snake that is the Pilliga project”
25 October 2018 "We’re just the truck to get the eggs to market after they've been laid," APA chairman Michael Fraser told a concerned landowner at the gas infrastructure company's annual general meeting today. Western Plains farmer David Chadwick replied: "We don’t...