There are calls from the backbench and elsewhere for the federal government to safeguard the future of coal. But do those calls make economic sense? A look at Queensland's energy landscape suggests not. This article was originally published on The Conversation.
Large-scale, detrimental fossil-fuel projects (think Adani’s Carmichael coal mine) need one key thing in order to go ahead. Funding. But where does this funding come from? Well, in a lot of cases, it comes from banks.
Commbank has today released its notice of annual general meeting. They have devoted an entire three pages out of the fifteen substantive pages of the document defending their woeful climate change policy and multi-billion-dollar support for fossil fuels.