Coal and media need to wake up and smell the smoke

Coal power plant

By Antony Balmain, Media and Communications Manager, Market Forces Sometimes it seems as if I am living in a parallel universe.  This week, Whitehaven Coal, one of Australia’s largest coal miners, announced record profits and forecast growth plans completely incompatible with global climate goals. Yet not a single media outlet … Read More

Banks finally dump Whitehaven Coal

In a win that’s been a long time coming, news broke this week that Australia’s largest independent coal miner Whitehaven Coal is currently unbankable. This is a major development that further proves the effectiveness of the people-powered movement to drive finance out of fossil fuels! Earlier this week, Whitehaven announced … Read More

Indonesia’s Just Energy Transition must be transparent and green

Adaro mine in Tabalong Regency, South Kalimantan, Indonesia. Photo credit: WALHI South Kalimantan

OPINION | Andri Prasetiyo, Senior Researcher at Senik Centre Asia and Nabilla Gunawan, Indonesia Energy Finance Campaigner at Market Forces The Just Energy Transition Partnership (JETP) between Indonesia and its major trading partners is at risk of stifling Indonesia’s coal phase-out progress if it does not provide a clear-cut definition … Read More

Big four banks pour $7.6 billion into fossil fuel expansion

MEDIA RELEASE   Tuesday 30 May: A new report by Market Forces reveals Australia’s big four banks have used smoke and mirrors to continue pouring billions of dollars into fossil fuel expansion. The report – Banking Climate Failure – finds ANZ, Commonwealth Bank of Australia, NAB and Westpac provided a … Read More