Downer ASX announcement misled investors

Downer ASX announcement misled investors 14 May 2015; Melbourne, Brisbane Market Forces, through their lawyers Environmental Justice Australia, have lodged a complaint with the Australian Stock Exchange alleging that an ASX announcement of Downer EDI Limited contained information about the Adani coal mine and port and rail projects that was … Read More

Australian Government operative leans on US banks for big coal

11 February 2015 Documents released today through Freedom of Information (FoI) reveal that the Former Howard Government Minister Nick Minchin, a self proclaimed climate change ‘sceptic’, has lobbied at least one of the banks in the United States who last year committed to not finance the expansion of Abbot Point … Read More

French withdrawal from coal project underlines Newman’s dredging absurdity

6 December 2014 The decision overnight by French bank Société Générale to withdraw from GVK’s Alpha Coal project in Queensland’s Galilee Basin underscores the Newman Government’s absurdity in planning to dredge the Great Barrier Reef to enable projects that may not even eventuate. Société Générale had been advising Indian conglomerate … Read More