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

Another year, another $1m in political donations from fossil fuel companies

1 February 2018 Malcolm Turnbull’s personal donation of $1.75 million around the time of the 2016 Federal election may have grabbed all the headlines, but the ongoing contributions to political parties by Australia’s largest fossil fuel companies may explain why our climate policies are so appallingly weak. Fossil fuel companies … Read More

Shareholders put climate front and centre

Market Forces is all about empowering community members to hold organisations accountable for their climate and environmental impacts. A major element of this work involves working with shareholders to enable them to raise these issues directly with companies at their annual general meetings (AGMs). In the first half of 2017, … Read More

Tough questions asked at Woodside AGM

22 April 2016 Woodside Petroleum’s annual general meeting in Perth yesterday saw Chairman Michael Chaney and CEO Peter Coleman face questions over political donations and corruption, as well as how their business model – grabbing fossil fuels out of the ground for other people to burn – fits in with a … Read More