Did Australia Just Make Itself Un-investible?Posted: April 30, 2017
Yes. Australian politicians have bowed down to the (vocal) minority activist green mob, forcing it to follow and implement feel-good, overreaching green regulations, and economically destructive schemes and scams (wind / solar).
However, in my opinion, the majority ACTIVIST media is to blame – The Left wing, virtue-signalling MSM gunning for the “save the planet” candidate over the reasoned and rational thinker. Those who dare convey reasoned thought, instantly and lovingly enshrined in print as a science “denier”. Forever condemned.
However, those isolated, smeared and slimed (silent majority) “deniers” aren’t to be taken for granted or for fools.
Just think – Trump. ))
Guest essay by Eric Worrall
Greens have scored a major coup in Australia, as their PR campaign has apparently just convinced all four of the big Australian banks to close the door to lending to major new coal projects. My question – who in their right mind would invest in such a failed business environment?
A federal minister just called Westpac ‘unAustralian’ for its new climate change policy
SIMON THOMSEN APR 28, 2017, 1:34 PM
The controversial Adani coal mine in Queensland is unlikely to get funding from Australia’s big four banks after the second biggest, Westpac, tightened its funding criteria.
Westpac released its third Climate Change Action Plan today, which has a $10 billion target for lending to climate change solutions by 2020 and $25 billion by 2030.
But the detail in the document that has unleashed a political storm is the tightened criteria for funding coal mines.
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