5 May 2014 If we’re going to stop new dirty coal projects getting funded, we need to work both in Australia and internationally. Market Forces is in Europe where, over the next couple of weeks, several banks that are key to new coal export projects in Australia are...
News
Adani given “Stranded Asset” award for 3rd most unburnable coal
30 April 2014 Adani - owners of what would be Australia's biggest ever coal mine - have just been ranked as the company with the third most unburnable coal in the world. We thought that was an achievement worth recognising, so in a mock award celebration, Market...
Westpac customers divest!
8 March 2014 At city branches in Melbourne and Sydney today, dozens of Westpac customers turned out to close their accounts in protest over Westpac's multi-billion dollar support of the fossil fuel industry. Since 2008, Westpac has loaned close to $3 billion to the...
How to avoid the carbon bubble
5 March 2014 Want to kick fossil fuel companies out of your investments but don't know how? Worried that excluding fossil fuel companies might harm your financial health? Worry no more. Market Forces and 350.org commissioned The Australia Institute to study how people...
ANZ’s AGM to remember
18 December 2013 Fossil fuels were top of the agenda at ANZ's annual general meeting today, to the point where Chairman John Morschel shut down shareholders trying to raise concerns over environmental, reputation and economic risks resulting from ANZ's investments in...
ANZ customers divest around Australia!
14 December 2013 One hundred ANZ customers have closed their accounts in activities across Australia, protesting the bank's role as the country's leading lender to the fossil fuel industry. In Melbourne, Canberra, Adelaide, Perth, Sydney, Hobart and Brisbane,...
Earth to Westpac: DIVEST!
13 December 2013 This is how to deliver an important letter! Westpac shareholders and staff at their annual general meeting in Melbourne were met with two huge banners, carrying the names of over three thousand people who have signed our open letter, calling on the...
Commonwealth Bank customers across Australia divest!
2 November 2013 One hundred Commonwealth Bank customers turned out at branches across Australia on the 1st and 2nd of November to close their accounts in protest at the bank's investments in the fossil fuel industry. Divestment actions at Brisbane, Byron Bay, Sydney,...
ANZ customers divest in Melbourne!
On Saturday, 26 October 2013, a groundbreaking event happened for the fossil fuel divestment campaign in Australia. Nearly 30 ANZ customers collectively walked in to the Bourke Street Mall branch of the bank and closed their accounts in protest over ANZ's financing of...
Why we’re backing a former fossil fuel chief for the BHP board
Update - result: Ian Dunlop was unsuccessful in his campaigns to gain a seat on the BHP Billiton Board in both 2013 and 2014 - you can read a summary of the 2014 campaign on Ian's website. Read the initial post below: 20 October 2013 This is something we never...