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Big four banks under pressure to rule out funding Queensland coal projects
2014-11-25 05:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Australias largest banks are coming under pressure from environmental groups not to fund huge coal projects in central Queensland, amid accusations the government is encouraging financial institutions to back the new mines. The Australian Conservation Foundation has called on the big four banks ANZ, Westpac, Commonwealth Bank and NAB to rule out financial support for nine proposed mines in the coal-rich Galilee Basin region of Queensland. Financial backing for the mines, which will produce...
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