Big banks still supporting Whitehaven’s dirty coal operations

Whitehaven Coal’s Maules Creek mine was recently upgraded to the EPA’s highest environmental risk category, making it one of NSW’s three dirtiest mines. The company is also planning to expand its Vickery coal mine, which the local community is resisting due to grave concerns over environmental impacts. Despite Whitehaven’s appalling … Read More

CalSTRS to completely divest from thermal coal, including Whitehaven

CalSTRS, the US$200 billion Californian State Teachers’ Retirement System, has announced it will divest all non-US thermal coal holdings from July 1. The commitment follows the fund’s decision to dump all US thermal coal holdings in December 2015. Here in Australia, the CalSTRS decision will see them sell off their holdings … Read More