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

 


Westpac Must Stop Funding Climate Chaos and Dump Denniston

Westpac Must Stop Funding Climate Chaos and Dump Denniston

Auckland, 15 October 2013 - Today 350 Aotearoa and Coal Action Network Aotearoa launched a nationwide campaign demanding that Westpac withdraw its financial support for Bathurst Resources, the company that plans to mine the Denniston Plateau.

Supporters from the two groups created a “climate crime scene” outside Westpac’s Head office in Auckland’s Takutai Square today, delivering a letter to CEO Peter Clare, accompanied by bags of coal. The message was simple: Stop funding climate change.

Bathurst Resources plans to dig up to 84 million tonnes of coal from the West Coast’s beautiful Denniston Plateau that would add up to 218 million tonnes of carbon dioxide into the atmosphere and have a devastating effect on the area’s unique ecosystem. Westpac is providing financial backing for this project.

“Westpac says it puts sustainability at the heart of its culture and that this commitment covers operations as well as lending,” says Kristin Gillies, Coal Action Network Aotearoa spokesperson.

“The opencast Denniston coal mine is one of the most unsustainable and climate changing projects planned for New Zealand and Westpac should dump this dirty business.”

At least 80% of fossil fuels reserves must remain unburned if the world is to have a chance of staying below 2 degrees C of warming. The World Bank and European Investment Bank have recently announced their intentions to stop lending to coal projects, based on climate change concerns.

“Banks are waking up to the financial and ethical responsibility to stop funding coal. We’re asking Westpac to do the same, and stop this dirty lending,” said Ashlee Gross, 350 National Coordinator.

A website has been launched where the public can send letters to Westpac calling on them to ‘Dump Denniston.’ http://gofossilfree.org/nz/westpac

350 Aotearoa are also holding a Divestment Forum at 6pm tonight, 15th October, at the University of Auckland. A panel of expert speakers will explore the impacts and possibilities of the worldwide fossil fuel divestment movement. It will be held in Room 401, Building 401, 20 Symonds St.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Anzac Issue Out Now: Werewolf 47

Hi and welcome to the 47th edition of Werewolf, published on the eve of Anzac Day. Its become a cliché to describe Gallipolli as the crucible of this country’s identity, yet hold on... Isn’t our national identity supposed to be bi-cultural... and wouldn’t that suggest that the New Zealand Wars of the 19th century is a more important crucible of national identity than those fought on foreign soil?

Yet as Alison McCulloch eloquently reveals in this month’s cover story, New Zealand devotes a mere fraction of its attention span and funding resources to commemorating the New Zealand Wars compared to what it devotes to the two world wars, Vietnam and Afghanistan... More>>

 

Parliament Today:

Crowdsourcing: Green Party Launches Internet Rights And Freedoms Bill

The Green Party has today launched the Internet Rights and Freedoms Bill, New Zealand’s first ever Bill crowdsourced by a political party. More>>

ALSO:

Gordon Campbell: On The Shane Jones Departure

Shane Jones has left Parliament in the manner to which we have become accustomed, with self interest coming in first and second, and with the interests of the Labour Party (under whose banner he served) way, way back down the track. More>>

COMMENT:

Multimedia: PM Post-Cabinet Press Conference - April 22 2014

The Prime Minister met with reporters to discuss: • The recent improvement in the economy with a growing job market • Income and wealth inequality • Easter trading laws • The New Zealander killed in a drone strike in Yemen... More>>

Easter Trading: Workers 'Can Kiss Goodbye To Easter Sunday Off'

The Government’s decision to “reprioritise” scarce labour inspector resources by abandoning the enforcement of Easter Sunday Shop Trading laws means workers can kiss goodbye to a guaranteed day off, says Labour’s Associate Labour Issues spokesperson Darien Fenton. More>>

ALSO:

ACT Don't Go For Maximum Penalty: Three Strikes For Burglary, Three Years Jail

Three strikes for burglary was introduced to England and Wales in 1999. As in New Zealand, burglary was out of control and given a low priority by the police and the courts. A Labour government passed a three strikes law whereby a third conviction for burglaries earned a mandatory three years in prison... More>>

ALSO:

Gordon Campbell: On Drone Strikes And Judith Collins‘ Last Stand

The news that a New Zealand citizen was killed last November in a US drone attack in Yemen brings the drones controversy closer to home. More>>

ALSO:

Elections: New Electorate Boundaries Finalised

New boundaries for the country’s 64 General and seven Māori electorates have been finalised – with an additional electorate created in Auckland. More>>

ALSO:

Policies: Labour’s Economic Upgrade For Manufacturing

Labour Leader David Cunliffe has today announced his Economic Upgrade for the manufacturing sector – a plan that will create better jobs and higher wages. More>>

ALSO:

Gordon Campbell: On The Life And ACC Work Of Sir Owen Woodhouse

With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the titans of its post-war social policy. More>>

ALSO:

Bad Transnationals: Rio Tinto Wins 2013 Roger Award

It won the 2011 Roger Award and was runner up in 2012, 2009 and 08. One 2013 nomination said simply and in its entirety: “Blackmailing country”... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news