The World’s Banks are Still Betting on Fossil Fuel Industry Growth - Inside Climate News
The biggest funders of fossil fuel expansion are U.S. banks that, like those in other countries, are retreating on their climate commitments.
Climate Action Merribek was one of 474 organisations to endorse the Banking on Climate Chaos report. In the League tables ANZ ranked 52, NAB ranked 56, Westpac ranked 60, and Commonwealth Bank ranked 62.
#ClimateCrisis #Finance #ANZ #NAB #Westpac #CommBank
insideclimatenews.org/news/1706202...
17.06.2025 09:01 —
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" they explained #FossilFuel gas expansion threat to water, community, and environment "
03.06.2025 23:38 —
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David Pope in Canberra Times
29.05.2025 10:36 —
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Two wide screen frames. Frame 1: “Recto”Murray Watt and Anthony Albanese standing in front of gas plant with sign “WOODSIDE - NORTH WEST SHELF GAS PROJECT - PROUDLY EXTENDED FOR ANOTHER 40 YEARS BY THE ALBANESE GOVERNMENT IN 2025”
Frame 2: “Verso” Reverse of the first scene, as if seen from behind, where the scene beyond is natural including a red rock cliff. This side of the sign reads: “SURVIVABILITY ON EARTH AND PRESERVATION OF ANCIENT ABORIGINAL ROCK ART KNOWINGLY CURTAILED BY THE ALBANESE GOVERNMENT IN 2025”
Recto - verso.
My @smh @theage cartoon.
28.05.2025 22:06 —
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Snap actions around Melbourne on Friday 30 May and Monday 2 June regarding North West Shelf Gas extension approval.
Labor provisionally approves North West Shelf Gas Carbon Bomb. Snap protest actions 30 May - 2 June. #Climatecrisis
Action: Protest outside office of Labor Peter Khalil MP
Where: Peter Khalil Office, 466-468 Sydney Road, Coburg
When: 11am Monday 2 June
climateactionmerribek.org/2025/05/29/l...
29.05.2025 11:26 —
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Cumulative increase in premiums since 2020 in Melbourne with Merri-bek LGA details
The maps that show how climate change is driving up the cost of insuring #Melbourne homes.
A 59% increase in insurance premiums for #Merribek since 2020. #CostofLiving #Climatecrisis www.theage.com.au/environment/...
19.05.2025 05:39 —
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Landmark ‘Greenwashing’ Legal Case over ‘Carbon Neutral’ product closes with EnergyAustralia apology to customers
Landmark ‘Greenwashing’ Legal Case brought by @parentsforclimate.bsky.social over ‘Carbon Neutral’ product closes with EnergyAustralia apology to customers #Carbonoffsets www.parentsforclimate.org/landmark_gre...
19.05.2025 01:43 —
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‘Nature positive’ is the language used because it’s literally the goal of the international nature agreement we’ve signed up to! A better idea would be explaining this to folks, not avoiding it! 🤦♀️
18.05.2025 12:42 —
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Today, EnergyAustralia acknowledges that carbon offsetting is not the most effective way to assist customers to reduce their emissions and apologises to any customer who felt that the way it marketed its Go Neutral products was unclear. EnergyAustralia has now shifted its focus to direct emissions reductions.
Greenhouse gases are harmful to the environment and contribute to climate change. While offsets can help people to invest in worthwhile projects that may reduce greenhouse gas emissions elsewhere, offsets do not prevent or undo the harms caused by burning fossil fuels for a customer’s energy use. Even with carbon offsetting, the emissions released from burning fossil fuels for a customer’s energy use still contribute to climate change.
Today, EnergyAustralia has been forced to admit what @australiainstitute.org.au research has long shown: Carbon offsets are a total sham & do nothing to reduce greenhouse gas emissions.
Time for the govt to stop trumpeting them as the answer. They are not
www.energyaustralia.com.au/about-us/med...
18.05.2025 23:01 —
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Here it is, finally. The truth.
In a landmark #greenwashing legal case brought by @parentsforclimate.bsky.social, #EnergyAustralia has publicly acknowledged that offsets do not undo the harms of burning fossil fuels & apologised to more than 400,000 customers of its carbon #offsetting product
19.05.2025 01:09 —
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Research shows SUVs and utes are the most deadly vehicles
SUVs and large utes are among the most popular vehicles for car buyers in Australia. They may also be the most deadly.
“A review of scientific research has found that pedestrians and cyclists are 44% more likely to be killed in a collision with an SUV or light truck, compared to a passenger car.
The outlook is even more dire for children, who are 82% more likely to be killed when struck by the larger vehicles.”
18.05.2025 01:57 —
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Updated fossil CO2 emission estimates from @robbieandrew.bsky.social
Based on the latest data, we estimate fossil CO2 emissions went up 0.9% in 2024.
Listen to his presentation here (starting about 8:55): cicero.oslo.no/no/arrangeme...
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06.05.2025 07:09 —
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Labor’s victory has locked in an ingredient vital to supplying super cheap power
In the long run, extraordinarily cheap energy is on the cards, but Australia has to do more to net a bigger bonanza.
Labor's super majority gives business certainty for the #EnergyTransition and further investment in renewables and storage projects. Labor’s victory has locked in an ingredient vital to supplying super cheap power. #Auspol www.theage.com.au/environment/...
17.05.2025 11:15 —
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Why Trump’s a term-long problem for the Coalition
Even in defeat, the Liberal Party faces a wicked conundrum. How can it distance itself from Trumpism while in coalition with the increasingly Trumpy National Party?
Op Ed by Peter Hartcher: Explains the dynamic of the climate wars started by Abbott and Joyce to undermine and wreck Labor, are now producing conflict inside the Coalition with no climate policy to win back city and urban populations. #Auspol #ClimateWars www.theage.com.au/politics/fed...
17.05.2025 11:13 —
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Federal EPA a ‘very high and immediate’ priority of Albanese government, environment minister says
Murray Watt is also considering ditching the ‘nature positive’ title for Labor’s overhaul of the Environmental Protection and Biodiversity Conservation Act
Federal EPA a ‘very high and immediate’ priority of Albanese government, environment minister says. Murray Watt also considering ditching the ‘nature positive’ title for Labor’s overhaul of the Environmental Protection and Biodiversity Conservation Act. #Auspol www.theguardian.com/australia-ne...
17.05.2025 11:07 —
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Victoria's coal-fired power plants ageing and unreliable, report says
Victoria's coal-fired power stations recorded almost 40 breakdowns over the past summer, according to new analysis.
Analysis reveals Victoria’s coal-fired power stations are ‘unreliable’ as closures near. Reason enough for the rapid renewables and battery storage rollout being undertaken. #Coal #EnergyTransition www.abc.net.au/news/2025-05...
17.05.2025 11:05 —
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Chris Bowen mocks Liberals’ equivocation on ‘bare minimum’ target of net zero by 2050
Climate change and energy minister accuses Sussan Ley’s Coalition of ‘keeping the climate wars going’ with decision to review net zero stance
Climate Minister Chris Bowen mocks Liberals’ equivocation on ‘bare minimum’ target of net zero by 2050. He accuses Sussan Ley’s Coalition of ‘keeping the climate wars going’ with decision to review net zero stance #Auspol #ClimateWars #Energytransition www.theguardian.com/australia-ne...
17.05.2025 11:04 —
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Average number of annual pregnancy heat-risk days added by climate change for 2020-2024.
New report by Climate Central looking at extreme heat risks to pregnancy and the change for the years 2020-2024. www.climatecentral.org/report/pregn...
For Melbourne: 15 days observed. 7 days added by climate change. 47% increase due to climate change. #Heathealth #Heatwave #ClimateCrisis
17.05.2025 11:02 —
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Woodside overhauls Browse plan as environmental watchdog goes back to the public
The EPA has taken the unusual step of reopening public consultation on a project after the energy giant overhauled its contentious $30 billion gas export plan.
Woodside overhauls Browse Gas plan, so WA EPA reopens public consultation on Woodside’s $30 billion Browse gas export project that will pipe gas 1000 kilometres to the 40-year-old North West Shelf plant for processing. #Browse #ClimateCrisis www.watoday.com.au/national/wes...
17.05.2025 10:55 —
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New report shows climate change exacerbating mental health costs: Doctors say Albanese government must act now
Healthy Planet, Healthy People
New report shows climate change exacerbating mental health costs: Doctors say Albanese government must act now. Thanks @docsenvaus.bsky.social #MentalHealth #ClimateCrisis www.dea.org.au/new_report_s...
17.05.2025 10:52 —
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