5 August 2015 After living in Melbourne for many years, Stephen and his family decided to move to country Victoria in pursuit of a more sustainable lifestyle. They bought an existing house that was relocated to their property and undertook a significant DIY...
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Fracking Finance
'Fracking Finance' details the dangers that unconventional gas extraction methods, such as fracking, pose to our land, water and communities. This Market Forces report also examines which financial institutions are supporting the biggest players in Australia's coal...
Renewable energy roadblocks sending investment offshore
20 July 2015 In today's Australian Financial Review, NAB has vowed to continue lending to renewable energy projects despite the Australian government's clear aversion to the sector, with a reported $1.6 billion worth of commitments to future projects globally. NAB has...
Australian LNG projects: the next stranded assets?
9 July 2015 For years, Australia has harboured dreams of being a big player in the liquefied natural gas (LNG) industry. Former Energy and Resources Minister (and now, conveniently, Chairman of the Australian Petroleum Production & Exploration Association Advisory...
Revealed: billions loaned to fossil fuels by the big banks
18 June 2015 Since 2008, Australia's big four banks (ANZ, Commonwealth, NAB and Westpac) have loaned $36.7 billion to the fossil fuel industry in Australia, and were involved in three-quarters of all deals to fossil fuel projects and companies over the same time...
Media Release: New Report highlights gulf between renewable and fossil fuel financing
ANZ confirmed as Australia’s biggest fossil fuel lender New Report highlights gulf between renewable and fossil fuel financing Melbourne, 18 June 2015: A new report from Market Forces shines a light for the first time on Australian banks’ financing of the fossil fuel...
Funding the Galilee coal mines just got harder
17 June 2015 It has been a privilege to support the Wangan and Jagalingou (W&J) traditional owners of the Galilee Basin to meet with banks across the US and Europe. The meetings were critical opportunities for the W&J to explain how financing Adani's proposed...
Supporting the Wangan and Jagalingou’s fight against Galilee coal
31 May 2015 In trying to build Australia’s biggest coal mine, Adani has not only picked a fight with everyone who values the environment, iconic sites like the Great Barrier Reef, a vision of a safe climate future and a world developing on clean, renewable energy....
Norway’s sovereign wealth fund to pull $138m from Australian coal
29 May 2015 Norway's parliament reached an agreement overnight that will see it's sovereign wealth fund divest from companies that derive more than 30% of revenue or business from coal. Worth around $1.15 trillion, the fund is the largest of its type in the world, and...