[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ] UPDATE: 18 July 2018 In a television interview overnight, the son of Gautam Adani, Karan, claimed that financial close had been reached for the Carmichael coal...
Adani scrapes the bottom of the barrel to refinance Abbot Point
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][x_image type="none" src="https://www.marketforces.org.au/wp-content/uploads/2016/10/Abbot-Point-banner-1500x400-Greenpeace-Tom-Jefferson-1.jpg" alt="" link="false" href="#"...
Risks all round from Adani’s Abbot Point sale plans
23 May 2018. Adani's plans to sell down their stake in the Abbot Point coal export terminal, with the aid of investment bank Rothschild, are a win for the Carmichael mega mine project and a clear threat to the campaign to stop it, say environmental finance advocates...
Embattled AMP stands firm over new climate denier chairman
10 May 2018 Acting AMP chief executive Mike Wilkins today dismissed deep concern over incoming chairman David Murray’s controversial views on climate change at the financial services company’s annual general meeting (AGM) in Melbourne. Wilkins affirmed his backing...
QBE faces massive shareholder pressure at AGM
[cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"] Australia’s biggest insurer and fossil fuel underwriter QBE Insurance admits it needs to manage climate change risks much better but rejects shareholder...
EFIC supporting Adani Carmichael
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ]June 2018 Adani has failed to attract private finance to its proposed Carmichael mine and rail project and is becoming increasingly...
AECOM: “Like a dentist handing out candy”
[cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"]It’s getting lonely for Adani in their destructive quest to build the Carmichael coal mine and railway line.Twenty-eight major banks across four continents...
Media release: Fourth major Chinese bank walks away from Adani mega mine
Wednesday 13 December, 2017: China Merchants Bank today provided a statement to environmental finance campaigning group Market Forces, confirming it will have no part in the proposed Adani Carmichael coal mine. The bank replied to a letter outlining an array of...
Westpac rules out Abbot Point terminal
8 December 2017 Westpac today all but confirmed it would not refinance the Abbot Point coal terminal, striking another blow to the crippled Adani coal mine. Climate related questions dominated the opening of question time at the bank’s annual general meeting in...
Embassy confirms: no Chinese money for Adani
[cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"] 6 December 2017 In a massive blow for both the Adani company and the Australian Government, the Chinese embassy has confirmed that no Chinese money will be...