Bankers to the Rescue

BANKERS TO THE RESCUE - Northmore Gordon

Not even the investment bankers buy into our prime minister’s goal of every increasing coal exports. Poor coal price, long term price risks from climate change and environmental risks to the great barrier reef are too much for many of the global banking community. Citigroup, Goldman Sachs, JPMorgan and Morgan Stanley and numerous others won’t back the expansion of Abbot Point export terminal

Time for ANZ, NAB, Westpac and CBA to step up as well.

You may also like:

Latest Updates

EEC Energy Efficiency Scenario Modelling

Australia has a significant challenge to meet its 2030 carbon reduction target of 43% below 2005 levels
and to achieve net zero by 2050. To reach these targets Australia will need to quickly deploy all available
abatement opportunities.

Read More »