ANZ

Greens Leader says 'Look at the damage to humanity being caused by people who bankroll coalmines'

takver — Thu, 10 Jan 2013 01:39:43 +0000

Jonathon Moylan's ANZ Bank hoax letter over the Maule's Creek Project open cut coalmine continues to produce reverberations. Greens Leader Christine Milne has now come out in his support arguing that we are in a climate emergency and we need to have a very serious 'Look at the damage to humanity being caused by people who bankroll coalmines'. Independent Economist Rod Campbell implies that the real hoax being perpetrated on small and institutional investors in Whitehaven coal is by Gillespie Economics and NSW Planning Department who massively overestimated the benefits and underestimated the social, environmental, health and climate costs of the project.

Related: ANZ Stop the Loan e-petition

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Uncovering the real hoax: ANZ Bank greenwash while financing coal and climate change

takver — Mon, 07 Jan 2013 12:24:33 +0000

For a moment farmers, conservationists and climate campaigners in the north west of New South Wales thought one of the big four banks - the ANZ Bank - was living up to it's sustainability charter and taking a lead: acting ethically with regard to not destroying agricultural land, maintaining biodiversity and preventing climate change.

A media release purportedly from the bank said it was withdrawing it's $1.2 billion loan for Whitehaven for development of a new coal mine at Maules Creek on agricultural and forrested land near Narrabri, New South Wales. Further, the letter said that "ANZ is currently undertaking a review of coal and gas investments on productive agricultural lands and areas of high biodiversity."

But it was not to be.

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ANZ funds dirty, future wrecking coal fired power stations. Ask ANZ to invest in renewables

Anonymous — Sat, 05 Mar 2011 11:30:40 +0000

The campaign to stop investment in another generation of polluting coal power is marching on. Following a big presence at the ANZ bank's AGM in December, activists and Climate Action Groups have taken the message to the streets, confronting ANZ during their sponsorship of the Australian Open in Melbourne and Sydney Festival. Over 45 actions have taken place outside ANZ branches since the campaign kicked off toward the end of last year.

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Australia

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climate change

ANZ