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At city branches in Melbourne and Sydney today, dozens of Westpac customers turned out to close their accounts in protest over Westpac's multi-billion dollar support of the fossil fuel industry. Since 2008, Westpac has loaned close to $3 billion to the fossil fuel industry, including projects such as the Hazelwood coal power station, the Maules Creek Coal mine, and… read more >> | share >>
Europe's largest power companies are in trouble because of their reluctance to question dated business models in the face of far-reaching structural changes to Europe's energy market, according to a new report released today .
A new report released today warns investors of the risks to shareholder value from Royal Dutch Shell's Alaskan Arctic drilling programme. The report, "Frozen Future: Shell's ongoing gamble in the US Arctic" - is published by BankTrack members Greenpeace,… read more >> | share >>