16 April 2021 Scientists have been clear that meeting the Paris Agreement’s climate goals means no expansion of the polluting gas industry.[1] Yet one of Australia’s largest and most polluting gas export projects, Australia Pacific LNG (APLNG), is seeking approval to drill up to 7,700 new gas wells across central … Read More
Chinese banks rule out Carmichael coal mine!
UPDATE: 13 December 2017China Merchants Bank has become the fourth major Chinese bank to categorically rule out lending to the Adani Carmichael project.In a statement issued directly to Market Forces, China Merchants Bank stated: “China Merchants Bank is not, and does not intend to be involved in the Adani Carmichael Mine … Read More
China Construction Bank rules out Adani coal!
One of the world’s biggest banks, the China Construction Bank, has become the 25th to rule out finance for Adani!In a statement received by Market Forces, a spokesperson for China Construction Bank said:”China Construction Bank is not involved with, nor considering involvement with, the Adani Carmichael Mine project.”They elaborated to confirm … Read More
Keep Chinese investment out of Adani Carmichael
We’ve found out how Adani plans to finance their mega coal mine. And we have two months to stop it. Click to take actionAdani has been talking to China Machinery Engineering Corporation (CMEC), a Chinese state owned enterprise capable of supporting the construction of the mine, but also with the … Read More