Spotlight on big banks after landmark court decision

Whitehaven coal train protests

28 May 2021 In a landmark judgment yesterday about Whitehaven’s proposed Vickery coal mine, Australia’s Federal Court decided that the national environment minister has a duty of care not to cause harm to young people from climate change. According to Ava Princi, one of the eight school students who brought … Read More

Big banks snub local farmers concerned about Whitehaven Coal

12 April 2021 Whitehaven Coal is one of the biggest coal mining corporations on the Australian share market and some of the world’s biggest banks, including Westpac, Credit Suisse and Deutsche Bank, played a key role in lending $1 billion to the company in 2020.  ANZ and Commonwealth Bank have … Read More

Australia’s major political parties, brought to you by fossil fuels!

February 2020 Every year, Australian governments and their departments spend billions of dollars of your money so that more coal, gas and oil can be extracted and burned. Favourable decisions include: tax-based subsidies direct contributions concessional loans from public financial institutions lax environmental laws and approvals for disastrous projects. Meanwhile, … Read More

Whitehaven Coal told: get aligned with 2 degrees!

13 August 2018 A shareholder resolution has been lodged with Whitehaven Coal, calling on the company to disclose the risks it faces from climate change and align its strategy with a scenario that holds global warming to less than two degrees. The resolution was signed by 106 shareholders and coordinated … Read More