The largest coal miner in the United States, Peabody Energy Corp, on Wednesday revealed in regulatory filings to the Securities and Exchange Commission (SEC) that there were doubts it could continue as a going concern. As such, it may voluntarily seek protection under...
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Can you mitigate natural disasters without mitigating climate change?
3 March 2016 A new report by the Australian Business Roundtable has found that the economic impact of natural disasters in Australia is expected to balloon in the next decade. At the moment, natural disasters in Australia do $9 billion of economic damage per year, set...
Biggest lenders to fossil fuels in 2015 revealed
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VicSuper: Protect ALL Members From Climate Change Risks
22 February 2016 We have heard from some of their members that VicSuper are currently considering how they treat the issue of climate change, and the myriad of financial and moral issues wrapped up in it. After seeing a host of other funds mistakenly “tackle” this...
Moreland Council asks Vision Super for their divestment plan
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Super funds lose $5.6 billion on dirty fossil fuels
9 February 2016 Having analysed the returns of fifteen of Australia's largest superannuation fund options over the past two years, Market Forces estimate that those options have collectively lost over $5.6 billion on their fossil fuel investments over that time. Our...
Market Forces campaign launch webinar
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The polluting power of political donations
1 February 2016 Federal Treasury on Friday published the 2015 Tax Expenditure Statement (TES), which details the cost of all the various tax-based subsidies under current policy. It's by no means a riveting read, and we wouldn't recommend you trawl through it...
Time to tell Australia’s insurers to ditch coal
28 January 2016 Around the world, pressure is building on the insurance industry to divest from fossil fuels, while back home we are ramping up our campaign to stop Australia's major insurers shooting themselves in the foot by investing in climate change's drivers. In...
Media comments: Turnbull Government putting economy, environment at risk with Abbot Point approval
22 December 2015 In response to the news that Environment Minister Greg Hunt has approved the expansion of the Abbot Point coal export terminal, Market Forces Executive Director Julien Vincent said: "It's pretty clear that the Australian Government is prepared to take...