Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Protests Highlight ANZ's Role In Climate Crisis

International Day Of Awearness Highlights ANZ's Role In Global Climate Crisis

Protests in Wellington, Christchurch, Dunedin and in front of ANZ branches throughout five states in Australia today demanded that the ANZ bank stop funding forest destruction in Papua New Guinea (PNG), and in the Australian state of Tasmania.

This coincides with the Bali Climate conference and Australia’s apparent inability to commit to an interim target for reducing greenhouse gas emissions. Logging and landclearing in Tasmania account for at least 30% of that states greenhouse gas emissions and should it be built, a proposed pulp mill in Tasmania is conservatively estimated to add 2% to Australia’s annual emissions.

"The fact that world leaders and scientists are currently meeting in Bali and discussing logging and deforestation, and the devastating climate effects it has in releasing millions of tonnes of carbon into the atmosphere each year, should be a major wakeup call to the ANZ to stop funding these climate polluting practices,” said Paul Oosting, spokesperson for The Wilderness Society.

The Stern report on climate change stated that ‘curbing deforestation is a highly cost-effective way of reducing greenhouse gas emissions. Action to preserve the remaining areas of natural forest is needed urgently’.

“Both governments and banks have a global responsibility to help cut greenhouse gas emissions. This starts with refusing support for destructive logging practices and moving to help protect intact native forests.”

"Tasmanian forests are some of the most "carbon rich" of any forests in the world. As we stand outside the ANZ today, ancient trees 70-80 metres tall are being cleared and felled in Southern Tasmania's Styx Valley, in a woodchip driven logging operation," said Mr Oosting.

Gunns’, the giant Tasmanian woodchipping company, propose to build a pulp mill that would consume up to 4.5 million tonnes of wood each year, much of it sourced from native forests. The logging needed to supply this mill would create greenhouse gasses equivalent to putting an additional 2.3 million cars on the road each year.

“Internationally condemned logging in PNG is still being carried out by notorious Malaysian company Rimbunan Hijau, an ANZ client.”

"Responsible action on climate change can start with ANZ refusing to fund Gunns' proposed pulp mill in Tasmania and cutting funds that bankroll destructive logging operations.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Supreme Court: Worksafe Decision On Whittall Pike River Prosecution Unlawful

The question in issue on the appeal was whether WorkSafe New Zealand acted to give effect to an unlawful agreement of this nature when it offered no evidence on charges against Peter William Whittall for breaches of the Health and Safety in Employment Act 1992...

The Supreme Court... has found that the decision to offer no evidence was made under an unlawful agreement to stifle prosecution. It has granted a declaration to that effect. More>>


Cullen To Chair: Tax Working Group Terms Of Reference Announced

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen. More>>


Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>


Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>


Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>


Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>


Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>




Featured InfoPages

Opening the Election