Tag Archives: coal and gas export

Big banks 1 – see bleak future for coal

Posted on May 27, 2014 by groundswellbasscoast

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 … Continue reading →

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US, China deliver another double blow to Australian coal

Posted on June 28, 2013 by groundswellbasscoast

Finance withdrawn for big coal mine projects, especially those endangering Great Barrier Reef. >readmore>ClimateSpectator

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Shale Gas Isn’t a Low-Emissions Fuel — Yet

Posted on June 7, 2013 by groundswellbasscoast

Fugitive emissions need to be less than 3% for (natural) gas to be cleaner than coal because methane is 25 times worse than CO2 for global warming. Also read about USA gearing up for big LNG exports. Also gas finds … Continue reading →

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Barrier reef destruction financed by big 4 banks

Posted on May 19, 2013 by groundswellbasscoast

From 350.org, here’s how much our big 4 banks are financing destruction of the reef to enable more coal and LNG exports, big additions to CO2 emissions, for as long as they can get away with it. Shutdown will be … Continue reading →

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