Downer refuses to shed any light on Chinese involvement in Adani mine

Downer AGM

2 November 2017 The board of Downer EDI today came under intense pressure from shareholders at its Annual General Meeting (AGM) over the company’s relationship with Adani and the planned Carmichael coal mine. In an unprecedented move that suggested the board wanted the meeting over and done with as quickly … Read More

Boral: “Climate not a significant risk”

2 November 2017 Last financial year, Boral Ltd spent around $300 million on energy and emitted 2.5 million tonnes of CO2 equivalent. So far this financial year the company has suffered losses of up to $10m due to the impacts of hurricanes in the US, which were exacerbated by climate … Read More

Aurizon shareholders: How does Adani coal align with 2°C?

18 October 2017 Shareholders today grilled Aurizon over its plans to build a railway that would open up the Galilee Basin to coal mining. The coal haulage company currently has a financing bid before the Northern Australia Infrastructure Facility (NAIF), rivalling Adani’s request for $1 billion to build the rail … Read More

Stop Adani – National Day of Action and November 1 Tour

10 October 2017 On Saturday concerned citizens around Australia turned out in their thousands to spell it out for the Federal and Queensland governments: the community is strongly against Adani’s Carmichael dirty Galilee Basin coal plans. Market Forces campaigners Matt and Pablo were at the Melbourne event, where over two … Read More

Event: Melbourne Rises for the Reef

On Saturday 16th September, 6:30pm we will be screening the inspiring Guarding the Galilee documentary at Federation Square’s iconic big screen. Right when we need to be urgently phasing out our use of coal, oil and gas to reduce global warming, building a giant new coal mine will only make … Read More

AECOM wants to help Adani rip up the Galilee

US-based design, engineering and construction company AECOM has signed a letter of agreement with Adani to provide the design and surveying required for the Carmichael rail line. Use the form to tell AECOM to ditch its plans to help Adani rip up the Galilee Basin, unlock the carbon bomb that … Read More

Westpac Carmichael announcement a boost for customers

5 May 2017 A new survey shows that for every Australian that disapproves of Westpac’s policy change that rules out finance for the Carmichael coal mine, three others approve. It also turns out that ruling out Carmichael finance could gain Westpac more customers than they are at risk of losing, making … Read More

QBE supporting Adani!

May 2017 At their annual general meeting in Sydney, QBE revealed that even though it has not yet been approached to underwrite the Carmichael mega mine, it has an ongoing relationship with the mine’s owner, Adani. The insurer, which operates globally and is a major underwriter of fossil fuel infrastructure, … Read More

Analysis: Westpac’s new climate change policy

30 April 2017 The most immediate impact of Westpac’s climate change policy announcement on Friday was that it took them out of the running as a potential lender to the Adani Carmichael coal mine, making Westpac the 19th bank to either distance itself publicly from Galilee Basin coal export projects, … Read More