Malcolm Turnbull should rule out Adani subsidy Melbourne, Tuesday 29 March 2016 Financial activist group Market Forces is calling on the Turnbull Government to clarify whether Australia’s sovereign wealth fund – the Future Fund – will be used to subsidise the...
Calling all shareholders: Can you help this AGM season?
22 March 2016 The next couple of months ushers in one of the busiest periods on the corporate calendar, including the Annual General Meetings (AGMs) of some important players in the fossil fuel industry. AGMs provide a great opportunity for shareholders to interact...
Traditional owners reject Adani’s Carmichael mine for a third time
21 March 2016 The Wangan and Jagalingou Family Council (W&J) - traditional owners of the proposed site of the Carmichael coal mine - on the weekend voted to reject a land use agreement with mine proponents Adani. This was the third time W&J traditional owners...
How Peabody Energy burned us all
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...
A shocking reminder of the health impacts of coal
11 March 2016 It's a shocking story that's slowly emerging. Up to 1,000 current and former Queensland coal mine workers could be affected by pneumoconiosis, or black lung disease, and it's possible that authorities and coal mining companies have tried to cover up the...
Another US bank getting out of coal, big four dragging the chain
8 March 2016 The US's biggest bank, with assets totalling around US$2.4 trillion, JPMorgan Chase today announced a significant withdrawal from financing the coal industry. The bank's updated Environmental and Social Policy Framework sets out their new...
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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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...
