27 October 2021 Whitehaven Coal faced sustained pressure from shareholders at its AGM today over the future of its coal business in a scenario where the world reaches net zero emissions by 2050. Shareholders grilled Whitehaven’s board over the company’s planned coal...
Whitehaven Coal
China coal shift a body blow to Australian coal
22 September 2021 Overnight, Chinese President Xi Jinping announced to the United Nations General Assembly that China “will not build new coal-fired power projects abroad”. The statement follows similar announcements made earlier this year by Japan and South...
NAB and Westpac: Stop funding Whitehaven Coal!
15 September 2021 The federal Environment Minister has just signed-off approval for Whitehaven’s climate-wrecking Vickery coal mine. But Whitehaven still needs to find enough money to match the mine’s $600 million price-tag. Despite stating their support for the Paris...
Coal affair sinks Mark Vaile’s uni application
23 June 2021 Thanks to an enormous backlash from students, staff, alumni, donors and the NTEU, former Deputy Prime Minister and chairman of Whitehaven Coal Mark Vaile decided to walk away from his appointment as the next chancellor of Newcastle University [1]. Vaile’s...
Woah big spender! New Hope splashes out promoting climate-wrecking coal
11 June 2021 Data released last month shows that coal company New Hope splurged over $650,000 on the 2020 Queensland election, ranking fourth on a ‘big spenders’ list headed by Clive Palmer’s Mineralogy Pty Ltd [1]. The bulk of the company’s expenditure was on...
Spotlight on big banks after landmark court decision
28 May 2021 In a landmark judgment yesterday about Whitehaven’s proposed Vickery coal mine, Australia’s Federal Court decided that the national environment minister has a duty of care not to cause harm to young people from climate change. According to Ava Princi, one...
Big banks snub local farmers concerned about Whitehaven Coal
12 April 2021 Whitehaven Coal is one of the biggest coal mining corporations on the Australian share market and some of the world’s biggest banks, including Westpac, Credit Suisse and Deutsche Bank, played a key role in lending $1 billion to the company in 2020. ...
Whitehaven Coal pins hopes to catastrophic 4°C scenario
17 October 2019 Australia's biggest dedicated coal miner, Whitehaven Coal, went to great lengths to talk up the prospects of demand growth for its product at the company's annual general meeting in Sydney today. What the Whitehaven board failed to mention, however,...
Investors want Whitehaven Coal to disclose climate risk – but not avoid it
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text] 25 October 2018 Shareholder demands for climate risk disclosure reached a record high in Australia today, as 40% of Whitehaven Coal's investors supported a...
Whitehaven next in frame for investor pressure on climate
Market Forces in the media Op-ed by Julien Vincent, executive director Market Forces Sydney Morning Herald/The Age, 19 October 2018 Next week investors will get the opportunity to vote on whether an ASX100 company that is custodian of their money should align its...