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BlackRock, the world’s biggest fund, is quitting thermal coal. The move by the $10 trillion fund has stunned financial markets. While the people protest in the streets, progressive analysts such as IEEFA’s Buckley, who had lobbied hard for the BlackRock decision, protest about climate change to global finance bosses
read now Is the Lucky Country running out of luck? Natural disaster or political disaster? An essay by John Keane on the bushfires and Australia’s ailing democracy.
read now Rupert Murdoch, Dick Cheney, former CIA director James Woolsey, former US Treasury head Larry Summers, former US Energy Secretary Bill Richardson, hedge fund boss Michael Steinhardt and Jacob Rothschild have something in common. They are all on the board of oil and gas explorer, Genie Energy. Gas industry whistleblower Simone
read now Bushfires, bots and arson
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Australia’s response to US Trumpeting over the assassination of Iran’s top general has been muted. Former diplomat, Cavan Hogue, asks if Australia will be dragged into another fine mess.
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“How come we only had four trucks to defend our town?” pleaded the distressed resident of Cobargo to Prime Minister Scott Morrison. That was January 2, after bushfires had razed the tiny town in the south of NSW, leaving residents homeless. Michael West investigates the firefighters’ financial statements and raises
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Five of Australia’s top coal companies – Peabody, Yancoal Sumitomo, Citic and Whitehaven – racked up $54 billion in total income over the past five years and paid zero income tax in Australia, according to Tax Office corporate tax data. Fossil fuel companies should foot the bill for the fires,
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As the Prime Minister continues to deny the factual links between the climate, bushfire, and drought emergencies devastating the nation, there can be no doubt that the Australian state has been completely captured by fossil fuel and media billionaires.
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