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

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 …

Report triggers campaign to prevent Australian fossil fuel investment

Member of Report triggers campaign to prevent Australian fossil fuel investment Brisbane, May 2nd, 2013 Press Release A new report has identified the heaviest lending banks to coal and gas export projects in the Great Barrier Reef World Heritage Area, as a new campaign calls on Australians to abandon banks …