Market Forces: Sixty prominent Australians call on ‘big four’ banks to end fossil fuel investment

Jay OwenSRI/ESG News, Trendspotting

Sixty prominent Australians call on ‘big four’ banks to end fossil fuel investment Press release Melbourne, 28 June 2013 Sixty prominent Australians are calling on the CEOs of the big four banks to stop investing in the fossil fuel industry through an open letter organised by Market Forces and 350.org launched today. …

Investor Alert: GVK’s US$10 billion Australian coal project uneconomic, an unacceptable risk

Jay OwenSRI/ESG News

Investor Alert: GVK’s US$10 billion Australian coal project uneconomic, an unacceptable risk Finanial analysis of GVK Alpha Coal Project in Queensland’s Galilee Basin concludes “probability of success remote”, “no investor should take part”.  Press Release Sydney, 19 June 2013 A new report released today by US-based Institute for Energy Economics …