“Big 4” Australian Banks Financing Destruction of Great Barrier Reef

financing_the_destruction_of_the_reefWith mining in the headlines, doing a nose dive, “our” banks and super funds are risking our money on coal and LNG projects which will need to be abandoned because 90% of fossil fuels need to be left in the ground

Australia’s Great Barrier Reef literally sits in the way of the fossil fuel industry and its massive expansion plans. Of the many new coal terminals planned just one port, Abbot Point, near Mackay, could increase almost nine-fold in capacity to become by far the biggest coal export port ever in the world.

>read more> 350.org

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About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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