February 2019 Every year, Australian governments and their departments spend billions of dollars of your money to help more coal, gas and oil to be extracted and burned. Favourable decisions include: Meanwhile, drought and extreme temperatures are fast becoming the new normal and annual carbon emissions were up by 0.6% … Read More
Woodside say they have “no stranded assets”
19 April 2018 “We don’t believe that we have stranded assets,” said Woodside chairman Michael Chaney when asked about the oil and gas company’s new Scarborough gas field at today’s AGM. Watch the response here: This directly contradicts the findings of UK think tank Carbon Tracker which warned last year … Read More
Big bonuses to fossil fuel execs for Digging Deeper
Despite the desperate need and global commitment to ditch fossil fuels, our latest report reveals fossil fuel companies are continuing to search for more unburnable carbon. In many cases, exploration is encouraged through executive remuneration packages. Despite their potential influence as significant shareholders, Australia’s super funds are voting for these wasteful bonuses that encourage … Read More