New Analysis: Fracking Beetaloo equals over 235 years of polluting gas power
Thursday 3 July: New Market Forces analysis reveals fracking the Northern Territory’s Beetaloo Basin would produce more than nine times the entire gas demand forecast for Australia's National Electricity Market (NEM) for the next 25 years. The report - Pipeline to...
Empire Energy’s gas fracking fantasies
Will the Empire strike out? Empire Energy (which just changed its name to Beetaloo Energy Australia, but will be referred to as Empire Energy throughout this article) has come under fire over the viability of its dangerous fracking operations in the Northern...
Japan’s top investors have a duty to back a clean energy future
Sachiko Suzuki is Asia climate and energy analyst for Market Forces. Japan faces another scorching summer, but the country's biggest investment companies are stalling the shift to clean energy with the risk of making global warming-fueled disasters worse by pouring...
Exposed: Japan’s five largest investors delay clean energy transition
Wednesday 11 June: A new report by Market Forces has revealed that Japan’s five largest institutional investors — including Mizuho Financial Group/Dai-ichi Life, Sumitomo Mitsui Trust Holdings, Mitsubishi UFJ Financial Group, Nomura Holdings, and Nippon Life Insurance...
分析: 日本の大手機関投資家5社、化石燃料拡大企業に6兆円以上を投資
Wednesday 11 June: マーケット・フォースが本日発表した分析により、みずほフィナンシャルグループ/第一生命保険、三井住友トラスト・ホールディングス、三菱UFJフィナンシャル・グループ、野村ホールディングス、日本生命保険の日本の主要機関投資家5社が、世界で最も積極的に化石燃料の拡大を進めている企業群に対し、計406億米ドル(約6.1兆円)を投資していることが判明した。 石炭・石油・ガスといった化石燃料の拡大を主導する190社の企業群「化石燃料拡大企業指数(Fossil Fuel Expansion Index,...
Westpac’s new climate plan betrays scientific reality
In-short: Westpac’s new climate plan, released late last week, is a massive backpedal on its previous position and puts it more on par with perennial climate laggard, ANZ. Westpac formerly had a clear requirement for oil and gas clients to produce a 1.5°C-aligned...
Empire Energy accused of misleading investors over Australia’s biggest gas fracking
Thursday 29 May: Market Forces has filed a complaint to the Australian Securities and Investment Commission (ASIC) alleging gas fracking company Empire Energy engaged in potentially misleading and deceptive conduct in a recent capital raise presentation for investors....
Macquarie faces first ever climate-focused shareholder resolution
Wednesday 21 May: More than 180 shareholders have joined with Market Forces to call on Macquarie Group to disclose the full extent of its financing for fossil fuels and outline how the global financial services company will ensure alignment with its climate...
Chaos reigned at Woodside’s AGM as the company refused to address genuine shareholder concerns
Woodside has made a habit out of dismissing shareholders’ concerns about climate change over the years, and today’s annual general meeting (AGM) was no different. On top of pressure from major investors like Aware Super and HESTA, the company faced a barrage of...