Big banks 1 – see bleak future for coal

Goldman Sachs and HSBC describe what’s in their crystal ball. Despite the rest of the world seeing a fast approaching train wreck with coal exports, looks like Phoney Tony will be offering even more subsidies, as only way to keep our miners on life support. Obviously we need to penalise any commie ratbags who try to reduce power consumption by improving energy efficiency of buildings. And most excruciating corporal punishment for those pagans who believe in solar PV. Ooops, sorry, looks like our Federal excuse for government has already done it!!

>readmore> ClimateSpectator

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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