Beginning of end for coal? Citi sees structural decline

Report from Citigroup banking adds to climate of change, that finance for large scale projects is becoming impossible to find. This is especially true for proposed massive projects in Galilee Basin, Qld, needing investment in big trains, port, housing, schools, hospitals etc to be economic. Now we need to make sure our banks and super funds don’t park our money in such stranded asset projects.

>readmore> RenewEconomy

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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