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...
Blog
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...
Media release: Banks up to their necks in fossil fuels, putting the climate and their balance sheets at risk
Melbourne, 26 February 2016 Australia's major banks continue to play an integral role in financing the fossil fuel industry, despite commitments to support the goal of limiting global warming to less than two degrees. Market Forces has analysed lending to the fossil...
Biggest lenders to fossil fuels in 2015 revealed
[cs_content][cs_section parallax="false" separator_top_type="none" separator_top_height="50px" separator_top_angle_point="50" separator_bottom_type="none" separator_bottom_height="50px" separator_bottom_angle_point="50" style="margin: 0px;padding: 0px;"][cs_row...
VicSuper: Protect ALL Members From Climate Change Risks
22 February 2016 We have heard from some of their members that VicSuper are currently considering how they treat the issue of climate change, and the myriad of financial and moral issues wrapped up in it. After seeing a host of other funds mistakenly “tackle” this...
Moreland Council asks Vision Super for their divestment plan
[cs_content][cs_section parallax="false" style="margin: 0px;padding: 45px 0px;"][cs_row inner_container="true" marginless_columns="false" style="margin: 0px auto;padding: 0px;"][cs_column fade="false" fade_animation="in" fade_animation_offset="45px"...