By Kyle Robertson, Head of Research, Market Forces It wasn’t long ago that the world’s major banks, including Macquarie, were collectively mobilising to achieve the goals of the Paris Agreement. In April 2021, now Canadian prime minister, Mark Carney launched the...
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Protected: MUFG Bank to stop supporting the Papua LNG Project
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APA Group and fossil fuel industry must come clean on true costs of gas
By Will van de Pol, Chief Executive, Market Forces Of all the things being destroyed as a result of the United States and Israel’s war on Iran, long-term demand for liquefied natural gas (LNG) is not the first to spring to mind. But when high fuel price projections...
計29の金融機関がトタルエナジーズによるパプアLNG事業から撤退
CELCORMarket ForcesJubilee Australia Research CenterAsian Peoples’ Movement on Debt and DevelopmentJACSESReclaim Finance 2026年2月10日...
Almost 30 banks turn their back on TotalEnergies’ Papua LNG project
Tuesday 10 February 2026 Twelve more financial institutions have said they will not finance TotalEnergies’ proposed Papua LNG project [1], following a formal complaint made to the banking industry risk standards body, the Equator Principles, concerning the risks to...
NGOs submit first formal Equator Principles complaint against MUFG and potential financiers of the Papua LNG project
Port Moresby/Melbourne/Tokyo/Paris/London. Wednesday 10 December - Today, six organisations have submitted the first formal complaint to the Equator Principles detailing urgent concerns about the potential climate, biodiversity and human rights impacts of the proposed...
NGOら、パプアLNG事業の潜在的な資金提供者であるMUFGに対し世界初のエクエーター原則に基づく異議申立を提出
2025年12月10日 環境法・地域権利センター（CELCOR, PNG）ジュビリー・オーストラリアアジア債務・開発人民運動（APMDD）JACSESMarket ForcesReclaim Finance 本日、6つの団体が、パプアニューギニアで計画されているパプアLNG事業について、その潜在的な気候・生物多様性・人権への影響に関する重大な懸念を示す、初の正式な「エクエーター原則」に関する異議申立を提出した。同プロジェクトは TotalEnergies が主導し、共同事業者として...
Climate-related shareholder proposals have achieved results.
By Sachiko Suzuki, Asia Climate and Energy Analyst, Market Forces. Cover image: LNG-related facilities in which Japan’s INPEX and JERA have stake, are concentrated in Darwin, Australia. (Image credit: Paula Martinez / Market Forces) According to the Japan...
Liquefied natural gas industry guzzles 13 times gas used by Australian manufacturers
Tuesday 19 August: New Market Forces analysis finds the liquefied natural gas (LNG) industry, including exports, uses 13 times more gas than is consumed by Australian manufacturing. The research reveals that just 10 industrial facilities account for approximately more...
Empire Energy’s gas fracking fantasies
Will the Empire strike out? Empire Energy (which just changed its name to Beetaloo Energy Australia, but will be referred to as Empire Energy throughout this article) has come under fire over the viability of its dangerous fracking operations in the Northern...